The commissioners court of a county or the governing body of a municipality may order an election to determine whether to revoke the authority to issue bonds that:

1. (1) compose all or part of an issue authorized by an earlier election; and
2. (2) have not as of the date of the order been sold or delivered.

Added by Acts 1999, 76th Leg., ch. 227, Sec. 1, eff. Sept. 1, 1999.