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Texas Special District Local Laws Code

§ 1003.203 — GENERAL OBLIGATION BOND ELECTION

SD § 1003.203Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1003. BOOKER HOSPITAL DISTRICT · Art. E. BONDS

Statute text

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(a)The district may issue general obligation bonds only if the bonds are authorized by a majority of the voters voting at an election held for that purpose.
(b)The board may call an election on its own motion and must specify:
(1)the place or places where the election will be held;
(2)the presiding election officers;
(3)the purpose for which the bonds are to be issued;
(4)the amount of the bonds;

Legislative history

Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.

Source: Texas Special District Local Laws Code § 1003.203 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.