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6-64-613. Bonds — Contract with holders and owner.
Arkansas Code — all titles (historical 2020) · legal_authorities
6-64-613. Bonds — Contract with holders and owner.
(a) Any authorizing resolution and trust indenture, together with this subchapter, shall constitute a contract between the Board of Trustees of the University of Arkansas and the holders and registered owners of the bonds.
(b) The contract and all covenants, agreements, and obligations therein shall be promptly performed in strict compliance with the terms and provisions of the contract.
(c) The covenants, agreements, and obligations of the board may be enforced by mandamus or other appropriate proceedings at law or in equity.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-64-613
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:6-64-613
Source file: gov.ar.code.title.06.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5fa6407a661fadec46b782a59eec5c3be1162d306843299077514a92bc70513a
Source location: content.xml paragraph 40051
Stored source content
6-64-613. Bonds — Contract with holders and owner.
(a) Any authorizing resolution and trust indenture, together with this subchapter, shall constitute a contract between the Board of Trustees of the University of Arkansas and the holders and registered owners of the bonds.
(b) The contract and all covenants, agreements, and obligations therein shall be promptly performed in strict compliance with the terms and provisions of the contract.
(c) The covenants, agreements, and obligations of the board may be enforced by mandamus or other appropriate proceedings at law or in equity.
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