(a) Any municipality, by and with the consent of a majority of the qualified electors of the municipality voting on the question at an election held for the purpose, may issue revenue bonds for the purpose of constructing and operating transmission lines or distribution systems for natural gas.
(b) The notice, calling, publication, and conduct of the election shall be governed by the provisions of Arkansas Constitution, Amendment 13 [repealed].
Structure Arkansas Code
Subtitle 12 - Public Utilities Generally
Chapter 205 - Natural Gas Distribution Systems
§ 14-205-102. Election on bond issue
§ 14-205-103. Provisions of ordinance
§ 14-205-104. Publication of ordinance and notice
§ 14-205-106. Bonds as negotiable instruments — Execution
§ 14-205-107. Amounts of bonds
§ 14-205-108. Sale of bonds — Use of proceeds
§ 14-205-109. Interest on bonds
§ 14-205-110. Bonds — Nature of indebtedness