Tex. Gov't Code § 1333.001 · Chapter 1333. REVOCATION OF UNSOLD MUNICIPAL BONDS BY PETITION
BOND REVOCATION ELECTION REQUIRED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The governing body of a municipality shall order an election to determine whether to revoke bonds unsold for 10 years or more after the date the bonds are authorized to be issued if the governing body receives a petition signed by a number of registered property tax paying voters equal to 10 percent of the property tax paying voters voting in the most recent municipal election.
(b) The election shall be held on the first authorized uniform election date prescribed by Chapter 41, Election Code, that allows sufficient time for compliance with any requirements established by law.
(c) A municipality shall hold the election in the same manner as an election to issue bonds in the municipality.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.1333.htm
- Text hash
- sha256 9d29ccfad63378a2c47c0838b46fd0b56aaf58402a571d02050d4bcd7a27e23d
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.