Section 7-13-2323 - Election on question of incurring bonded indebtedness(1) The board of directors shall fix a date on which an election is held in accordance with 13-1-504 for the purpose of authorizing the bonded indebtedness to be incurred.(2) The board may order as many as two elections each year if:(a) there are no bids within the amount of approved bonds;(b) there is an emergency;(c) a directive for a project is received from a government agency; or(d) it is necessary to take advantage of the construction season.Amended by Laws 2015, Ch. 49, Sec. 138, eff. 11/4/2015.En. Sec. 18, Ch. 242, L. 1957; R.C.M. 1947, 16-4518; amd. Sec. 334, Ch. 571, L. 1979; amd. Sec. 44, Ch. 387, L. 1995; amd. Sec. 12, Ch. 234, L. 1997.