(a) Any authorizing resolution and trust indenture shall, together with this subchapter, constitute a contract between the Secretary of the Department of Parks, Heritage, and Tourism and the holders and registered owners of the bonds.
(b) This 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 secretary may be enforced by mandamus or other appropriate proceedings at law or in equity.
Structure Arkansas Code
Title 13 - Libraries, Archives, and Cultural Resources
Subchapter 3 - Arkansas Museum and Cultural Center Act
§ 13-5-302. Construction of subchapter
§ 13-5-307. Funds for museum and cultural center — Issuance of bonds
§ 13-5-308. Authorizing resolutions
§ 13-5-309. Terms and characteristics of bonds
§ 13-5-310. Contract with bond owners — Enforcement
§ 13-5-312. Execution of bonds and coupons
§ 13-5-313. Statements on bonds — Liability
§ 13-5-314. Disposition of revenues
§ 13-5-315. Debt service — Pledge of revenues and earnings — Admission charges
§ 13-5-316. Administration of debt-servicing provisions — Bond guaranty fund
§ 13-5-319. Investment by retirement systems