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14-168-318. Redevelopment bonds or notes — Security — Marketability.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-168-318. Redevelopment bonds or notes — Security — Marketability.
To increase the security and marketability of redevelopment bonds or notes, the local government may:
(1) Create a lien for the benefit of the bondholders upon any public improvements or public works financed by the bonds; or
(2) Make such covenants and do any and all such actions, not inconsistent with the Arkansas Constitution, which may be necessary or convenient or desirable in order to additionally secure the bonds or notes, or which tend to make the bonds or notes more marketable according to the best judgment of the local governing body.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-168-318
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:14-168-318
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: ef6c64940c5da5c2190e3bcee70249d5b06907d3a0b00a13b5c6de2d9b844df7
Source location: content.xml paragraph 39523
Stored source content
14-168-318. Redevelopment bonds or notes — Security — Marketability.
To increase the security and marketability of redevelopment bonds or notes, the local government may:
(1) Create a lien for the benefit of the bondholders upon any public improvements or public works financed by the bonds; or
(2) Make such covenants and do any and all such actions, not inconsistent with the Arkansas Constitution, which may be necessary or convenient or desirable in order to additionally secure the bonds or notes, or which tend to make the bonds or notes more marketable according to the best judgment of the local governing body.
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