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15-5-304. Exclusive issuer of mortgage bonds.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-5-304. Exclusive issuer of mortgage bonds.
For purposes of compliance with the Mortgage Subsidy Bond Tax Act of 1980, the General Assembly finds and declares that the Arkansas Development Finance Authority shall be the exclusive issuer of mortgage bonds as defined in the Mortgage Subsidy Bond Tax Act of 1980, and the authority shall receive the entire allocation to the state in principal amount of bonds to be issued annually.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-5-304
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:15-5-304
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: e8179fbc2b9406f9c80f4734b0ca527fd08348dcd55aff85db705d8592ecbe48
Source location: content.xml paragraph 7693
Stored source content
15-5-304. Exclusive issuer of mortgage bonds.
For purposes of compliance with the Mortgage Subsidy Bond Tax Act of 1980, the General Assembly finds and declares that the Arkansas Development Finance Authority shall be the exclusive issuer of mortgage bonds as defined in the Mortgage Subsidy Bond Tax Act of 1980, and the authority shall receive the entire allocation to the state in principal amount of bonds to be issued annually.
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