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20-7-411. Formation of contracts.

Arkansas Code — all titles (historical 2020) · legal_authorities

20-7-411. Formation of contracts.

20-7-411. Formation of contracts. (a) The authorizing resolution and each agreement or other writing executed and delivered pursuant to it or to this subchapter, together with this subchapter, shall constitute a contract between the State Board of Health and the Arkansas Development Finance Authority, and the obligations of the board may be enforced by mandamus or other equitable or legal remedy. (b) The obligations of the board shall be freely assignable by the authority, provided that the board is notified in writing of the assignment.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 20-7-411

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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Stable record: arkansas_code:legal_authorities:20-7-411
Source file: gov.ar.code.title.20.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 10cb6b62fb2fd038094fded06876a34cc6d76149e5bc5dca810b5dab77ef8922

Source location: content.xml paragraph 1950

Stored source content

20-7-411. Formation of contracts. (a) The authorizing resolution and each agreement or other writing executed and delivered pursuant to it or to this subchapter, together with this subchapter, shall constitute a contract between the State Board of Health and the Arkansas Development Finance Authority, and the obligations of the board may be enforced by mandamus or other equitable or legal remedy. (b) The obligations of the board shall be freely assignable by the authority, provided that the board is notified in writing of the assignment.

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