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Texas Special District Local Laws Code

§ 1055.203 — ELECTION FOR GENERAL OBLIGATION BONDS OR OTHER FINANCIAL ARRANGEMENTS

SD § 1055.203Title 3. HEALTH · Part A. HOSPITAL DISTRICTS · Ch. 1055. MARION COUNTY HOSPITAL DISTRICT · Art. E. BONDS AND OTHER FINANCIAL ARRANGEMENTS

Statute text

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(a)The district may issue general obligation bonds or make other financial arrangements secured by tax revenue only if authorized by a majority of the district voters voting at an election held for that purpose.
(b)The board may order the election on its own motion.
(c)The order calling the election must specify:
(1)the date of the election;
(2)the location of the polling places;
(3)the presiding election officers;

Legislative history

Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.

Source: Texas Special District Local Laws Code § 1055.203 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.