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13-5-310. Contract with bond owners — Enforcement.
Arkansas Code — all titles (historical 2020) · legal_authorities
13-5-310. Contract with bond owners — Enforcement.
(a) Any authorizing resolution and trust indenture shall, together with this subchapter, constitute a contract between the Secretary of the Department of Parks, Heritage, and Tourism and the holders and registered owners of the bonds.
(b) This contract and all covenants, agreements, and obligations therein shall be promptly performed in strict compliance with the terms and provisions of the contract.
(c) The covenants, agreements, and obligations of the secretary may be enforced by mandamus or other appropriate proceedings at law or in equity.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 13-5-310
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:13-5-310
Source file: gov.ar.code.title.13.odt
Pages: Not recorded – Not recorded
Passage SHA-256: daa84aaa182d5c01f0d80b9f1c044423f0135e3d1c6847a9e12c37d103a84e42
Source location: content.xml paragraph 2036
Stored source content
13-5-310. Contract with bond owners — Enforcement.
(a) Any authorizing resolution and trust indenture shall, together with this subchapter, constitute a contract between the Secretary of the Department of Parks, Heritage, and Tourism and the holders and registered owners of the bonds.
(b) This contract and all covenants, agreements, and obligations therein shall be promptly performed in strict compliance with the terms and provisions of the contract.
(c) The covenants, agreements, and obligations of the secretary may be enforced by mandamus or other appropriate proceedings at law or in equity.
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