Sec. 1020.253.  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 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.