The proceeds derived from the sale of those bonds or notes shall be paid to the treasurer of the district and may be used for the operation of the district in carrying out the purposes for which it was originally created and those assumed by it under the provisions of subchapter 2 of this chapter and acts amendatory thereto.
Structure Arkansas Code
Subtitle 7 - Water and Soil Improvement Districts
Chapter 120 - Drainage and Levee Improvement Districts Generally
Subchapter 3 - Consolidation of District Duties, Obligations, and Purposes
§ 14-120-301. Legislative determination
§ 14-120-304. Subchapter cumulative
§ 14-120-305. Construction of levees and drainage works declared conducive to public welfare
§ 14-120-306. Powers of board of directors
§ 14-120-307. Conveyance of rights-of-way across state lands
§ 14-120-308. Agreements for construction across highways
§ 14-120-309. Eminent domain by the United States
§ 14-120-310. Authority to consolidate
§ 14-120-311. Consolidation procedure
§ 14-120-312. Consolidation and use of assets — Prior liabilities and obligations
§ 14-120-313. Board of assessors
§ 14-120-315. Assessment — Time, certification, and filing
§ 14-120-316. Board of assessment and equalization
§ 14-120-317. Chancery court review of assessment
§ 14-120-318. Annual assessment and levy of tax upon increased value
§ 14-120-319. Alternative method of assessment — Reassessment
§ 14-120-321. Penalty for delinquency — Enforcement proceedings generally
§ 14-120-322. Filing complaint of delinquency — Notice
§ 14-120-323. Trial date — Continuance or dismissal
§ 14-120-325. Decree — Sale of real property by commissioner
§ 14-120-326. Execution of deed
§ 14-120-327. Redemption of property — Vacation of decree
§ 14-120-328. Authority to borrow money and issue bonds — Purpose
§ 14-120-329. Sale of bonds — Interest coupons
§ 14-120-330. Disposition and use of bond proceeds
§ 14-120-331. Lithographing and registration of bonds