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14-164-316. Bonds generally — Pledge of taxes generally.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-164-316. Bonds generally — Pledge of taxes generally.
The bonds shall be secured by, and contain a pledge of, any tax or combination of taxes authorized to pay the bonded indebtedness and shall be payable solely from the taxes authorized by this subchapter. However, the issuer is not prohibited from using other taxes, revenues, or receipts to retire the bonds.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-164-316
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:14-164-316
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 8c2c5dc096c1727d848f02a14794c48e8cc3041a1fb8c8a84016d1e72437da49
Source location: content.xml paragraph 37415
Stored source content
14-164-316. Bonds generally — Pledge of taxes generally.
The bonds shall be secured by, and contain a pledge of, any tax or combination of taxes authorized to pay the bonded indebtedness and shall be payable solely from the taxes authorized by this subchapter. However, the issuer is not prohibited from using other taxes, revenues, or receipts to retire the bonds.
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