20-9-421. Election to authorize the issuance of school district bonds and the methods of introduction.
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20-9-421 . Election to authorize the issuance of school district bonds and the methods of introduction. A school district may not issue bonds for any purpose other than that provided in 15-1-402 , 20-9-412 , and 20-9-471 unless the issuance of bonds has been authorized by the qualified electors of the school district at an election called for the purpose of considering a proposition to issue the bonds. A school district bond election must be called by a resolution as prescribed under the provisions of 20-20-201 when:
(1)the trustees, of their own volition, adopt a resolution to that effect; or
(2)the trustees have received a petition that asks for an election to be held to consider a bond proposition and that has been validated under the provisions of 20-9-425 .