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14-164-322. Bonds generally — Multipurpose bonds.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-164-322. Bonds generally — Multipurpose bonds.
(a) When bonds are to be issued for more than one (1) purpose the principal amount of bonds applicable to each purpose shall be stated on the ballot as a separate question and no bonds shall be issued for such purpose unless a majority of the electors voting on each separate question shall have approved the issuance of bonds for such purpose.
(b) Bonds that are approved by the electors for more than one (1) purpose may be combined into a single issue.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-164-322
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:14-164-322
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: dc2d8aefe23d46cb12ba5c8bc237d71925706f1fa06cd0023d7806b4178e5b6e
Source location: content.xml paragraph 37459
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14-164-322. Bonds generally — Multipurpose bonds.
(a) When bonds are to be issued for more than one (1) purpose the principal amount of bonds applicable to each purpose shall be stated on the ballot as a separate question and no bonds shall be issued for such purpose unless a majority of the electors voting on each separate question shall have approved the issuance of bonds for such purpose.
(b) Bonds that are approved by the electors for more than one (1) purpose may be combined into a single issue.
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