15-5-307. Request to issue certain bonds.

Arkansas Code — all titles (historical 2020) · legal_authorities

15-5-307. Request to issue certain bonds.

15-5-307. Request to issue certain bonds. (a) When gubernatorial approval is required by the provisions of the Tax Equity and Fiscal Responsibility Act of 1982, Pub. L. No. 97-248, or any other federal or state law, the Governor is authorized to approve the issuance of bonds by the Arkansas Development Finance Authority upon receipt of written request for approval from the Board of Directors of the Arkansas Development Finance Authority. (b) The written request shall state that the authority has conducted a public hearing pursuant to appropriate public notice concerning the purposes for which the bonds are to be issued, shall contain a description of the project or projects to be financed, and shall describe the method of financing the project or projects. (c) The written request shall also summarize the comments made and questions posed at the public hearing.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-5-307

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.