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14-116-702. Terms and form of bonds, etc.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-116-702. Terms and form of bonds, etc.
(a) Bonds or other evidences of indebtedness issued under the terms of this subchapter shall bear such date or dates, mature at such time or times not in excess of forty (40) years, and any such bonds shall be sold at public sale through competitive bidding, and any such bonds and other evidences of indebtedness and be in such form and denomination as the board may determine.
(b) The board may sell, exchange, or hypothecate these obligations from time to time at such interest rates and such prices as are specified by the board.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-116-702
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:14-116-702
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 0926bdd9cf40821f4f8829cd39c38e15a8e2959c413fad99e677231fef52f7a8
Source location: content.xml paragraph 28031
Stored source content
14-116-702. Terms and form of bonds, etc.
(a) Bonds or other evidences of indebtedness issued under the terms of this subchapter shall bear such date or dates, mature at such time or times not in excess of forty (40) years, and any such bonds shall be sold at public sale through competitive bidding, and any such bonds and other evidences of indebtedness and be in such form and denomination as the board may determine.
(b) The board may sell, exchange, or hypothecate these obligations from time to time at such interest rates and such prices as are specified by the board.
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