Arkansas Legal Resource Navigator

14-164-517. Bonds — Conversion.

Arkansas Code — all titles (historical 2020) · legal_authorities

14-164-517. Bonds — Conversion.

14-164-517. Bonds — Conversion. The municipality or the county may make provision in the ordinance or order for the manner and circumstances in which and under which bonds issued under § 14-164-508 may, in the future at the request of the holders or registered owners thereof, be converted into bonds of smaller denomination, which bonds of smaller denomination may in turn be either coupon bonds payable to bearer or bonds registrable as to principal only, or bonds registrable as to both principal and interest.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-164-517

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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Record provenance

Stable record: arkansas_code:legal_authorities:14-164-517
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: c10d3fb357cb44f6b5121e9b9a80bec32589b7641b2d9b7b9a76c77a48cc8711

Source location: content.xml paragraph 38327

Stored source content

14-164-517. Bonds — Conversion. The municipality or the county may make provision in the ordinance or order for the manner and circumstances in which and under which bonds issued under § 14-164-508 may, in the future at the request of the holders or registered owners thereof, be converted into bonds of smaller denomination, which bonds of smaller denomination may in turn be either coupon bonds payable to bearer or bonds registrable as to principal only, or bonds registrable as to both principal and interest.

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Arkansas Code — all titles (historical 2020) · legal_authorities

14-164-508. Bonds — Authorizing ordinance or order generally.

14-164-508. Bonds — Authorizing ordinance or order generally. In the ordinance of the municipality or the order of the county court authorizing the issuance of revenue bonds, the municipality or the county may provide for the initial issuance of one (1) or more bonds aggregating the principal amount of the entire issue and may, in the ordinance or order, make such provisions for installment payments of the principal amount of such bonds as it may consider desirable and may provide for such bonds to be payable to bearer with interest coupons, or to be registrable as to principal only with interest coupons, or to be registrable as to principal and interest, and where interest accruing thereon is not represented by interest coupons, for the indorsement of payment of interest on such bonds.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-164-508

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. The source passage cites 14-164-508. This identifies an authority to review, not proof of applicability.