Arkansas Code
Subchapter 2 - Operation of Systems by Municipalities
§ 14-235-211. Acquisition of encumbered property

No property shall be acquired under this subchapter upon which any lien or other encumbrance exists unless at the time the property is acquired a sufficient sum of money be deposited in trust to pay and redeem the lien or encumbrance in full.

Structure Arkansas Code

Arkansas Code

Title 14 - Local Government

Subtitle 14 - Solid Waste Disposal, Waterworks, And Sewers Generally

Chapter 235 - Municipal Sewage Systems

Subchapter 2 - Operation of Systems by Municipalities

§ 14-235-201. Definition

§ 14-235-202. Construction

§ 14-235-203. Authority generally

§ 14-235-204. Extent of authority

§ 14-235-205. Authority to own, etc., systems

§ 14-235-206. Appointment of sewer committee

§ 14-235-207. Powers and duties of sewer committee

§ 14-235-208. Appointment, members, etc., of sanitary board

§ 14-235-209. Powers and duties of sanitary board

§ 14-235-210. Power of eminent domain

§ 14-235-211. Acquisition of encumbered property

§ 14-235-212. Contracting with other political subdivisions

§ 14-235-213. Enactment of ordinance before construction or acquisition

§ 14-235-214. Cost of works

§ 14-235-215. Issuance of revenue bonds and notes generally

§ 14-235-216. Terms, execution, and sale of bonds

§ 14-235-217. Additional bonds authorized

§ 14-235-218. Issuance of additional bonds

§ 14-235-219. Securing of bonds by trust indenture

§ 14-235-220. Enforcement of rights by bondholders or trustee

§ 14-235-221. Sinking fund to pay bonds and interest

§ 14-235-222. Allocation of funds from bonds and revenues

§ 14-235-223. Rates and charges for services — Lien

§ 14-235-224. Service payments by municipalities

§ 14-235-225. Authority for joint undertaking

§ 14-235-226. Public improvements — Award procedure — Definitions