Sec. 223.023. ELECTION RESULTS. (a) If the proposition is approved by a majority of the voters voting in the election, the issuer may authorize the bonds.
(b) If the proposition is not approved, an election on the issuing of revenue bonds for the hospital project that was the subject of the election may not be ordered within six months after that election, and bonds may not be issued for the hospital project until a majority of the voters voting in an election held for that purpose approve the issuance of the bonds.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Structure Texas Statutes
Subtitle A - Financing, Constructing, Regulating, and Inspecting Health Facilities
Chapter 223 - Hospital Project Financing Act
Subchapter C. Hospital Project Bonds
Section 223.021. Issuance of Hospital Project Bonds
Section 223.022. Election on Bonds
Section 223.023. Election Results
Section 223.024. Protest Not Filed
Section 223.025. Limitations on Bonds
Section 223.026. Form and Term of Bonds
Section 223.027. Dedicated Repayment Revenue
Section 223.028. Security for Bonds
Section 223.029. Use of Proceeds
Section 223.030. Temporary Obligations
Section 223.031. Examination of Bonds
Section 223.032. Refunding Bonds
Section 223.033. Enforcement of Agreements
Section 223.034. Membership of Governing Body Not Subject to Change
Section 223.035. Bonds Tax Exempt
Section 223.036. Bonds as Securities