Texas § SD.1040.203 - GENERAL OBLIGATION BOND ELECTION
Full text of Texas The Texas Constitution § SD.1040.203 — GENERAL OBLIGATION BOND ELECTION, with citation guidance and answers to common questions.
§ SD.1040.203. GENERAL OBLIGATION BOND ELECTION
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 board may order the election on its own motion. (c) The order calling the election must specify: (1) the location of the polling places; (2) the presiding election officers; (3) the purpose of the bond issuance; (4) the amount of the bonds to be authorized; (5) the maximum interest rate of the bonds; and (6) the maximum maturity date of the bonds. (d) Notice of a bond election shall be given by publishing a substantial copy of the order calling the election in a newspaper of general circulation in Haskell County once each week for two consecutive weeks before the date of the election. The first publication must occur at least 14 days before the date of the election. Added by Acts 2007, 80th Leg., R.S., Ch. 920 (H.B. 3166 ), Sec. 1.02, eff. April 1, 2009.
Frequently Asked Questions About Texas § SD.1040.203
What does The Texas Constitution § SD.1040.203 cover?
Section SD.1040.203 ("GENERAL OBLIGATION BOND ELECTION") 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 § SD.1040.203?
A common citation format is "The Texas Constitution § SD.1040.203" (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 § SD.1040.203 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.