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14-89-301. Use of funds to pay off.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-89-301. Use of funds to pay off.
It shall be lawful for any municipal corporation or board of commissioners having control of any improvement district within a municipal corporation, or any work completed by any district, to appropriate and use any funds recovered in litigation or for operating expenses for the purpose of paying off any bonded indebtedness of the district when the funds are not needed for the operating expenses of the district.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-89-301
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:14-89-301
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 07a1de8fd004c1f05bb23a0b1515bca1d7dcc719fff1bebeee4e7883122a8f17
Source location: content.xml paragraph 22789
Stored source content
14-89-301. Use of funds to pay off.
It shall be lawful for any municipal corporation or board of commissioners having control of any improvement district within a municipal corporation, or any work completed by any district, to appropriate and use any funds recovered in litigation or for operating expenses for the purpose of paying off any bonded indebtedness of the district when the funds are not needed for the operating expenses of the district.
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