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6-62-1121. Rights and liabilities — Commencement.
Arkansas Code — all titles (historical 2020) · legal_authorities
6-62-1121. Rights and liabilities — Commencement.
(a) This subchapter shall not create any right of any character and no right of any character shall arise under or pursuant to this subchapter until the first series of State of Arkansas Higher Education General Obligation Bonds authorized by this subchapter shall have been sold and delivered.
(b) The issuance of bonds authorized by this subchapter shall not impair or affect any outstanding bonds of the Arkansas Development Finance Authority issued under the Arkansas College Savings Bond Act of 1989, § 6-62-701 et seq.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-62-1121
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:6-62-1121
Source file: gov.ar.code.title.06.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 3959d1cbf8ee67b3b43eab0b8f2c8dd192422469a64d95202cf195191afeb53f
Source location: content.xml paragraph 38440
Stored source content
6-62-1121. Rights and liabilities — Commencement.
(a) This subchapter shall not create any right of any character and no right of any character shall arise under or pursuant to this subchapter until the first series of State of Arkansas Higher Education General Obligation Bonds authorized by this subchapter shall have been sold and delivered.
(b) The issuance of bonds authorized by this subchapter shall not impair or affect any outstanding bonds of the Arkansas Development Finance Authority issued under the Arkansas College Savings Bond Act of 1989, § 6-62-701 et seq.
Cross-references
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Arkansas Code — all titles (historical 2020) · legal_authorities
6-62-701. Title.
This subchapter may be referred to and cited as the “Arkansas College Savings Bond Act of 1989”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-62-701
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. The source passage cites 6-62-701. This identifies an authority to review, not proof of applicability.