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19-9-204. Retirement of bonds before maturity.
Arkansas Code — all titles (historical 2020) · legal_authorities
19-9-204. Retirement of bonds before maturity.
(a) Whenever appropriations and funds are available, the State Board of Finance is authorized and empowered to purchase direct obligations of this state in advance of maturity for the purpose of retirement under the procedure set forth in this subchapter.
(b) All obligations purchased as prescribed, and the unmatured interest coupons attached thereto, shall be cancelled by perforation.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-9-204
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:19-9-204
Source file: gov.ar.code.title.19.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 437c1527e155dec154f44ff9b444a15955f552528214e72b062f45f7f42d5cd2
Source location: content.xml paragraph 13773
Stored source content
19-9-204. Retirement of bonds before maturity.
(a) Whenever appropriations and funds are available, the State Board of Finance is authorized and empowered to purchase direct obligations of this state in advance of maturity for the purpose of retirement under the procedure set forth in this subchapter.
(b) All obligations purchased as prescribed, and the unmatured interest coupons attached thereto, shall be cancelled by perforation.
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