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14-92-231. Subsequent levies.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-92-231. Subsequent levies.
(a) If the tax first levied shall prove insufficient to pay the bonds, both the principal and interest issued by the board of commissioners on account of an improvement, as provided in this subchapter, as it shall become due and payable, they shall, from time to time, make such further levies upon the property previously assessed for sums sufficient to complete the improvement and to pay such bonds and interest, which shall be extended and collected in the same manner as the first levy. However, the total levy shall in no case exceed the value of the benefits assessed on the property with interest.
(b) The performance of such duties may be enforced by mandamus at the instance of any person or board interested.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-92-231
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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Stable record: arkansas_code:legal_authorities:14-92-231
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: e25b01bb5e58b12875e0a9d276fede5d8c9562860d2d3a1b3da3ddc8c0b9945c
Source location: content.xml paragraph 25679
Stored source content
14-92-231. Subsequent levies.
(a) If the tax first levied shall prove insufficient to pay the bonds, both the principal and interest issued by the board of commissioners on account of an improvement, as provided in this subchapter, as it shall become due and payable, they shall, from time to time, make such further levies upon the property previously assessed for sums sufficient to complete the improvement and to pay such bonds and interest, which shall be extended and collected in the same manner as the first levy. However, the total levy shall in no case exceed the value of the benefits assessed on the property with interest.
(b) The performance of such duties may be enforced by mandamus at the instance of any person or board interested.
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