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14-321-103. Limitations on bond issue — Interest.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-321-103. Limitations on bond issue — Interest.
(a) In all the viaduct improvement districts described in § 14-321-101, limitations on bonds that may be issued by a district shall not apply to interest on any bonds or borrowed money.
(b) If bonds are issued before the construction work is completed, limitations on the issuance of bonds to a part of the total cost of construction shall apply to the estimated total cost of construction as estimated by the engineer for the district and approved by the commissioners at the time the bonds are issued. Bonds may be issued from time to time on revisions of the estimates.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-321-103
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:14-321-103
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: c585c360c17e267a0d2a0f215c27ed834f68829041aa766ed61c6d15efe04ebb
Source location: content.xml paragraph 57375
Stored source content
14-321-103. Limitations on bond issue — Interest.
(a) In all the viaduct improvement districts described in § 14-321-101, limitations on bonds that may be issued by a district shall not apply to interest on any bonds or borrowed money.
(b) If bonds are issued before the construction work is completed, limitations on the issuance of bonds to a part of the total cost of construction shall apply to the estimated total cost of construction as estimated by the engineer for the district and approved by the commissioners at the time the bonds are issued. Bonds may be issued from time to time on revisions of the estimates.
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Arkansas Code — all titles (historical 2020) · legal_authorities
14-321-101. Scope.
This chapter shall apply to all improvement districts created for the construction of a free viaduct connecting with a bridge over a navigable river.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-321-101
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 14-321-101. This identifies an authority to review, not proof of applicability.