Tex. Local Government Code § 324.091
This is the official text of Tex. Local Government Code § 324.091, part of Texas’s Local Government Code — governs the powers and operations of Texas cities and counties.
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§ 324.091. REVENUE BOND ELECTION.
Official statutory text
(a) Revenue bonds may not be issued by the district until authorized by a majority vote of qualified voters of the district voting at an election called and held for that purpose.
(b) The board may order a bond election. Regardless of Section 324.045(b), the order is not effective unless approved by the commissioners court. Except as provided by this section, the election shall be held in the manner provided by the Election Code.
(c) At an election to authorize bonds, the ballot must be printed to provide for voting for or against the issuance of revenue bonds.
(d) If a majority of the votes cast at the election favor the issuance of the bonds, the bonds may be issued by the board, but if a majority of the votes cast at the election do not favor issuance of the bonds, the bonds may not be issued.
(b) The board may order a bond election. Regardless of Section 324.045(b), the order is not effective unless approved by the commissioners court. Except as provided by this section, the election shall be held in the manner provided by the Election Code.
(c) At an election to authorize bonds, the ballot must be printed to provide for voting for or against the issuance of revenue bonds.
(d) If a majority of the votes cast at the election favor the issuance of the bonds, the bonds may be issued by the board, but if a majority of the votes cast at the election do not favor issuance of the bonds, the bonds may not be issued.
Status: in_force · Read it on the official government site
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