Nothing in this subchapter shall be construed to authorize any municipality to issue or sell revenue bonds, or use the proceeds thereof, to purchase, condemn, or otherwise acquire a utility plant or distribution system owned or operated by a regulated public utility.
Structure Arkansas Code
Subtitle 10 - Economic Development And Tourism Generally
Chapter 164 - Industrial Development Bonds
Subchapter 2 - Municipalities and Counties Industrial Development Revenue Bond Law
§ 14-164-205. Authority to develop industry
§ 14-164-206. Authority to issue revenue bonds
§ 14-164-207. Applicability of §§ 14-164-208 — 14-164-216, and 14-164-218
§ 14-164-208. Adoption of bond ordinance or order
§ 14-164-209. Bonds — Issuance — Authorizing resolution
§ 14-164-210. Bonds — Terms and conditions
§ 14-164-211. Bonds — Trust indenture, lease, etc
§ 14-164-212. Bonds and coupons — Execution
§ 14-164-214. Bonds — Conversion
§ 14-164-215. Bonds — Successive issues
§ 14-164-216. Bonds — Priority among issues
§ 14-164-218. Bonds — Interim financing
§ 14-164-220. Statutory mortgage lien
§ 14-164-221. Default in payment of bonds
§ 14-164-222. Bonds — Tax exemption