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14-92-308. Use of net revenues.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-92-308. Use of net revenues.
(a) The net revenues from a joint operation shall be used first to pay the principal and interest as they mature of revenue bonds issued under this subchapter.
(b) Any remaining net revenues may be used to provide funds or pay bonds and interest issued for improvements, extensions, and betterments.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-92-308
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:14-92-308
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: fa73eb57f8d386c2e4a6f9cef8f31ef0fda869c710114c15fdc94dc3a4294519
Source location: content.xml paragraph 25942
Stored source content
14-92-308. Use of net revenues.
(a) The net revenues from a joint operation shall be used first to pay the principal and interest as they mature of revenue bonds issued under this subchapter.
(b) Any remaining net revenues may be used to provide funds or pay bonds and interest issued for improvements, extensions, and betterments.
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