Sec. 1031.203. GENERAL OBLIGATION BOND ELECTION. (a) The district may issue general obligation bonds only if the bonds are authorized by a majority of the district voters voting at an election held for that purpose.
(b) The board may order a bond election. The election shall be conducted as provided by Chapter 1251, Government Code.
(c) The board shall declare the results of the election.
Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166), Sec. 1.02, eff. April 1, 2009.
Structure Texas Statutes
Special District Local Laws Code
Subtitle A - Hospital Districts
Chapter 1031 - Garza County Health Care District
Section 1031.201. General Obligation Bonds
Section 1031.202. Tax to Pay General Obligation Bonds
Section 1031.203. General Obligation Bond Election
Section 1031.204. Revenue Bonds
Section 1031.205. Refunding Bonds