Sec. 1052.203. 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 order calling the 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;
(5) the maximum maturity of the bonds; and
(6) the maximum interest rate of the bonds.
(c) Notice of a bond election shall be given as provided by Section 1251.003, Government Code.
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 1052 - Lockney General Hospital District
Section 1052.201. General Obligation Bonds
Section 1052.202. Tax to Pay General Obligation Bonds
Section 1052.203. General Obligation Bond Election
Section 1052.204. Revenue Bonds
Section 1052.205. Refunding Bonds
Section 1052.206. Maturity of Bonds
Section 1052.207. Execution of Bonds
Section 1052.208. Bonds Exempt From Taxation
Section 1052.209. Additional Means of Securing Repayment of Bonds