Tex. Government Code § 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.