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14-186-307. Sale and execution of bonds.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-186-307. Sale and execution of bonds.
(a) Revenue bonds may be sold for such price including sale at a discount and in such manner as the municipality may determine by ordinance.
(b)(1)(A) The bonds shall be executed by the manual or facsimile signature of the mayor and the manual signature of the clerk or recorder of the municipality.
(B) The coupons attached to the bonds may be executed by the facsimile signature of the mayor of the municipality.
(2) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of the bonds or coupons, their signatures shall, nevertheless, be valid and sufficient for all purposes.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-186-307
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:14-186-307
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 20c49340c9ac1dcad5267c251dcb2192ef70e6adee44485af2486177068e7ae5
Source location: content.xml paragraph 43716
Stored source content
14-186-307. Sale and execution of bonds.
(a) Revenue bonds may be sold for such price including sale at a discount and in such manner as the municipality may determine by ordinance.
(b)(1)(A) The bonds shall be executed by the manual or facsimile signature of the mayor and the manual signature of the clerk or recorder of the municipality.
(B) The coupons attached to the bonds may be executed by the facsimile signature of the mayor of the municipality.
(2) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of the bonds or coupons, their signatures shall, nevertheless, be valid and sufficient for all purposes.
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