The bonds issued under the authority of this subchapter shall not be general obligations of the municipality or county, but shall be special obligations, and in no event shall the revenue bonds constitute an indebtedness of the municipality or county within the meaning of any constitutional or statutory limitation.
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