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15-20-1319. Effect of election.

Arkansas Code — all titles (historical 2020) · legal_authorities

15-20-1319. Effect of election.

15-20-1319. Effect of election. (a) If a majority of the qualified electors voting on the question vote for the issuance of the bonds, the Arkansas Natural Resources Commission shall proceed with the sale and the issuance of the bonds as provided in this subchapter. (b) If a majority of the qualified electors voting on the question vote against the issuance of the bonds, the bonds authorized by this subchapter shall not be sold or issued, and this subchapter shall be of no further effect.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-20-1319

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:15-20-1319
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 7f341eeec6356c2c0ef8e2691a80a83a766c3196134a2c414d9a048fc772e645

Source location: content.xml paragraph 14020

Stored source content

15-20-1319. Effect of election. (a) If a majority of the qualified electors voting on the question vote for the issuance of the bonds, the Arkansas Natural Resources Commission shall proceed with the sale and the issuance of the bonds as provided in this subchapter. (b) If a majority of the qualified electors voting on the question vote against the issuance of the bonds, the bonds authorized by this subchapter shall not be sold or issued, and this subchapter shall be of no further effect.

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