The municipality or the county may make provision in the ordinance or order for the manner and circumstances in which and under which bonds issued under § 14-164-508 may, in the future at the request of the holders or registered owners thereof, be converted into bonds of smaller denomination, which bonds of smaller denomination may in turn be either coupon bonds payable to bearer or bonds registrable as to principal only, or bonds registrable as to both principal and interest.
Structure Arkansas Code
Subtitle 10 - Economic Development And Tourism Generally
Chapter 164 - Industrial Development Bonds
Subchapter 5 - Economic and Industrial Development Revenue Bond Law
§ 14-164-502. Legislative findings and determinations
§ 14-164-503. Purpose and supplemental intent
§ 14-164-505. Construction — Subchapter controlling
§ 14-164-506. Authority to obtain and develop industry
§ 14-164-507. Bonds — Authorization to issue — Amount
§ 14-164-508. Bonds — Authorizing ordinance or order generally
§ 14-164-509. Bonds — Authorizing ordinance or order — Adoption
§ 14-164-510. Bonds — Terms and conditions
§ 14-164-511. Bonds — Trust indenture
§ 14-164-512. Bonds — Contents
§ 14-164-514. Bonds, coupons — Execution
§ 14-164-515. Bonds — Successive issues
§ 14-164-516. Bonds — Priority among issues
§ 14-164-517. Bonds — Conversion
§ 14-164-519. Bonds — Surplus revenues
§ 14-164-520. Bonds — Mortgage lien
§ 14-164-521. Bonds — Default — Receiver
§ 14-164-522. Bonds — Special obligations
§ 14-164-523. Bonds — Tax exemption
§ 14-164-524. Interim financing
§ 14-164-526. Investment in bonds authorized
§ 14-164-527. Bonds authorized under other laws
§ 14-164-528. Municipality not authorized to acquire utility