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14-78-109. Supplemental nature of this chapter.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-78-109. Supplemental nature of this chapter.
(a) The provisions of this chapter are supplemental to constitutional or statutory provisions now existing or later adopted which may provide for the financing of real or personal property.
(b) Nothing contained in this chapter shall be deemed to be a restriction or limitation upon alternative means of financing previously available or made available to municipalities or counties for the purposes of this chapter.
(c)(1) It is hereby recognized that Arkansas Constitution, Amendment 78, is self-executing.
(2) Nothing contained in this chapter shall be deemed to require a municipality or county to utilize the provisions of this chapter in authorizing and issuing short-term financing obligations under Arkansas Constitution, Amendment 78.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-78-109
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:14-78-109
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 979655714d118e29cc6c659be5fce328bf749e6030d513f8ae6a5f120c3ceaab
Source location: content.xml paragraph 20588
Stored source content
14-78-109. Supplemental nature of this chapter.
(a) The provisions of this chapter are supplemental to constitutional or statutory provisions now existing or later adopted which may provide for the financing of real or personal property.
(b) Nothing contained in this chapter shall be deemed to be a restriction or limitation upon alternative means of financing previously available or made available to municipalities or counties for the purposes of this chapter.
(c)(1) It is hereby recognized that Arkansas Constitution, Amendment 78, is self-executing.
(2) Nothing contained in this chapter shall be deemed to require a municipality or county to utilize the provisions of this chapter in authorizing and issuing short-term financing obligations under Arkansas Constitution, Amendment 78.
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