Sec. 1474.053.  REQUIREMENT TO STATE CHARACTERISTICS OF BONDS.  (a)  Except as provided by Subsection (b), the petition for the election, the election order, and the notice of the election must state:
(1)  the amount of bonds to be issued;
(2)  the rate of interest of the bonds;
(3)  the times at which interest on the bonds is payable;  and
(4)  the date of maturity of the bonds.
(b)  The election order and the notice of the election may provide that:
(1)  the bonds may bear interest at a rate to be set by the commissioners court;
(2)  any interest may be paid at times set by the commissioners court;  and
(3)  the bonds may mature at the times set by the commissioners court.
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.