Browse Arkansas Code titles and sections
14-95-607. Liens and pledges.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-95-607. Liens and pledges.
(a) The principal of, premiums, if any, interest on, and trustees' and paying agents' fees in connection with the bonds shall be secured by a lien on and pledge of, and shall be payable from, the pledged revenues defined in § 14-95-608.
(b) The authorizing resolution or trust indenture shall set forth details of the nature and extent of the lien and pledge, including provisions for the use of surplus revenues, if any, for any other lawful purposes.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-95-607
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:14-95-607
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 106eb8c4921d6e4e3713a05e6c95a31220ce7d31969d4fd94ac023c19a7e8f36
Source location: content.xml paragraph 27176
Stored source content
14-95-607. Liens and pledges.
(a) The principal of, premiums, if any, interest on, and trustees' and paying agents' fees in connection with the bonds shall be secured by a lien on and pledge of, and shall be payable from, the pledged revenues defined in § 14-95-608.
(b) The authorizing resolution or trust indenture shall set forth details of the nature and extent of the lien and pledge, including provisions for the use of surplus revenues, if any, for any other lawful purposes.
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Arkansas Code — all titles (historical 2020) · legal_authorities
14-95-608. Pledged revenues.
The principal of, premiums, if any, interest on, and trustees' and paying agents' fees in connection with all bonds issued under this chapter shall be secured solely by a lien on and pledge of each municipality's urban service district's revenues derived from their service charges credited to the town or city treasury, and the pledging of those revenues, the “pledged revenues”, is hereby authorized.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-95-608
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 14-95-608. This identifies an authority to review, not proof of applicability.