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14-234-216. Obligations incurred solely through sale of revenue bonds — Security in condemnation proceedings.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-234-216. Obligations incurred solely through sale of revenue bonds — Security in condemnation proceedings.
No obligation may be incurred by the municipality in the construction or acquisition of the works contemplated by this subchapter or in the condemnation of property in connection therewith, except as shall be payable solely from the funds to be acquired from the sale of revenue bonds of the character authorized by this subchapter. In view of this provision, the court, in condemnation proceedings instituted under this subchapter by the municipality, may make such requirements of security as will serve to protect the landowner.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-234-216
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:14-234-216
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 4f55722d29575166fd5fb3684ecf38062ed0a4201727172adb650c58102b0478
Source location: content.xml paragraph 48544
Stored source content
14-234-216. Obligations incurred solely through sale of revenue bonds — Security in condemnation proceedings.
No obligation may be incurred by the municipality in the construction or acquisition of the works contemplated by this subchapter or in the condemnation of property in connection therewith, except as shall be payable solely from the funds to be acquired from the sale of revenue bonds of the character authorized by this subchapter. In view of this provision, the court, in condemnation proceedings instituted under this subchapter by the municipality, may make such requirements of security as will serve to protect the landowner.
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