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27-88-105. Form of bonds.
Arkansas Code — all titles (historical 2020) · legal_authorities
27-88-105. Form of bonds.
(a) The bonds shall be in such form and denomination, have such dates and maturities not exceeding forty (40) years from their date, bear interest payable at such times and rates, be payable at such places within or without the state, and contain such provisions as to registration of ownership if the commission thinks registration is desirable, all as the State Highway Commission shall determine.
(b) The bonds shall be signed with the facsimile or lithographed signature of the Chair of the State Highway Commission and with the manual signature of the secretary of the commission.
(c) The coupons attached thereto shall be signed with the facsimile or lithographed signature of the chair of the commission.
(d) The delivery of the bonds so executed shall be valid, notwithstanding any change in the officers occurring after their execution.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-88-105
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:27-88-105
Source file: gov.ar.code.title.27.odt
Pages: Not recorded – Not recorded
Passage SHA-256: f014ae41075401727d39433550e999aecc47212fe26cb7110979f59950b49844
Source location: content.xml paragraph 27258
Stored source content
27-88-105. Form of bonds.
(a) The bonds shall be in such form and denomination, have such dates and maturities not exceeding forty (40) years from their date, bear interest payable at such times and rates, be payable at such places within or without the state, and contain such provisions as to registration of ownership if the commission thinks registration is desirable, all as the State Highway Commission shall determine.
(b) The bonds shall be signed with the facsimile or lithographed signature of the Chair of the State Highway Commission and with the manual signature of the secretary of the commission.
(c) The coupons attached thereto shall be signed with the facsimile or lithographed signature of the chair of the commission.
(d) The delivery of the bonds so executed shall be valid, notwithstanding any change in the officers occurring after their execution.
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