Texas § LG.571.007 - PREREQUISITES FOR ISSUING BONDS
Full text of Texas The Texas Constitution § LG.571.007 — PREREQUISITES FOR ISSUING BONDS, with citation guidance and answers to common questions.
§ LG.571.007. PREREQUISITES FOR ISSUING BONDS
PREREQUISITES FOR ISSUING BONDS; ELECTION. (a) Before the commissioners court or municipal authority may issue bonds under this subchapter: (1) the commissioners court or municipal authority shall prescribe the amount of and the rate of interest on bonds to be issued; and (2) the tax proposed to pay the interest and sinking fund on the bonds must be approved by a majority of the voters of the county or municipality, as appropriate, voting at an election held on the proposed tax. (b) The election shall be held in accordance with Chapter 1251 , Government Code. In addition to the notice required under Section 1251.003 , Government Code, and Chapter 4 , Election Code, the commissioners court or municipal authority shall mail to each registered voter in the county or municipality a copy of the ballot proposition before the 10th day preceding the date of the election. (c) The commissioners court or municipal authority shall issue any bonds under this subchapter in compliance with the applicable provisions of Subtitles A and C, Title 9, Government Code. Added by Acts 1999, 76th Leg., ch. 227, Sec. 16, eff. Sept. 1, 1999. Renumbered from Local Government Code, Section 421.007 by Acts 2007, 80th Leg., R.S., Ch. 885 (H.B. 2278 ), Sec. 3.76(c)(1), eff. April 1, 2009.
Frequently Asked Questions About Texas § LG.571.007
What does The Texas Constitution § LG.571.007 cover?
Section LG.571.007 ("PREREQUISITES FOR ISSUING BONDS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § LG.571.007?
A common citation format is "The Texas Constitution § LG.571.007" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § LG.571.007 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.