Sec. 1046.203. 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.
(b) The board, in ordering a bond election, shall provide for clerks as in county elections and must specify:
(1) the date of the election;
(2) the location of the polling places;
(3) the presiding and alternate election judges for each polling place;
(4) the amount of the bonds to be authorized; and
(5) the maximum maturity of the bonds.
(c) Notice of a bond election shall be given as provided by Section 1251.003, Government Code.
(d) 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 1046 - Jackson County Hospital District
Section 1046.201. General Obligation Bonds
Section 1046.202. Tax to Pay General Obligation Bonds
Section 1046.203. General Obligation Bond Election
Section 1046.204. Maturity of General Obligation Bonds
Section 1046.205. Execution of General Obligation Bonds
Section 1046.206. Revenue Bonds