Texas Transportation Code
§ 365.032 — BOND ELECTION
TN § 365.032Title 6. ROADWAYS · Part G. TURNPIKES AND TOLL PROJECTS · Ch. 365. ROAD DISTRICT TOLL ROADS · Art. C. FINANCIAL PROVISIONS
Statute text
View on source(a)Bonds issued under this chapter that are payable from ad valorem taxes must be approved at an election held as provided by Chapters 284 and 441.
(b)An election is not necessary for the issuance of bonds under this chapter, including refunding bonds, payable only from district revenues.
Legislative history
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.