{"data":{"id":"us-tx/tex.-special-district-local-laws-code-1054.2025","jurisdiction":"us-tx","citation":"Tex. Special District Local Laws Code § 1054.2025","heading":"GENERAL OBLIGATION BOND ELECTION.","body":"(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.\n(b) The order calling the election shall provide for clerks as in county elections and must specify:\n(1) the date of the election;\n(2) the location of the polling places;\n(3) the presiding and alternate election judges for each polling place;\n(4) the amount of the bonds to be authorized;\n(5) the maximum interest rate of the bonds; and\n(6) the maximum maturity of the bonds.\n(c) Notice of a bond election shall be given as provided by Section 1251.003, Government Code.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 902 (S.B. 1908), Sec. 1, eff. June 18, 2015.","path":["SPECIAL DISTRICT LOCAL LAWS CODE","TITLE 3. HEALTH","SUBTITLE A. HOSPITAL DISTRICTS","CHAPTER 1054. LYNN COUNTY HOSPITAL DISTRICT","SUBCHAPTER E. BONDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/SD/htm/SD.1054.htm#1054.2025","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:41Z","sha256":"b5d3530f36e79af162a1844c6d318e3032cff8e5d1d7e59113b79f557abe532d","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-special-district-local-laws-code-1054.202","next":"us-tx/tex.-special-district-local-laws-code-1054.203"},"notice":"GroundRules: Original legal text. Not legal advice."}