Browse Arkansas Code titles and sections
14-163-214. Bonds — Conversion.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-163-214. Bonds — Conversion.
Bonds issued under this subchapter may be sold with the privilege of conversion to an issue bearing a lower rate or rates of interest, upon such terms and subject to such conditions as the governing body of the city shall determine. However, under no circumstances shall the city receive less or pay more than it would receive and pay if the bonds were not converted, and any conversion shall be subject to the approval of the governing body of the city.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-163-214
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:14-163-214
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: d6b4b37e3adf89455101e172ff54d0ddb787b05b8b67c31fbbe793bce6129f7b
Source location: content.xml paragraph 36636
Stored source content
14-163-214. Bonds — Conversion.
Bonds issued under this subchapter may be sold with the privilege of conversion to an issue bearing a lower rate or rates of interest, upon such terms and subject to such conditions as the governing body of the city shall determine. However, under no circumstances shall the city receive less or pay more than it would receive and pay if the bonds were not converted, and any conversion shall be subject to the approval of the governing body of the city.
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