(a) This subchapter shall be liberally construed to accomplish its purposes.
(b) Nothing in this subchapter shall be construed to authorize any municipality to issue or sell revenue bonds, or use the proceeds of the bonds, to purchase or condemn a utility plant or distribution system owned or operated by a regulated public utility.
Structure Arkansas Code
Subtitle 16 - Public Health And Welfare Generally
Chapter 269 - Parks And Recreational Facilities
Subchapter 1 - Acquisition, Construction, and Maintenance of Recreational Facilities
§ 14-269-103. General authority — Agreements with federal agencies — Condemnation proceedings
§ 14-269-105. Bonds — Authority to issue
§ 14-269-106. Bonds — Issuance, sale, and execution
§ 14-269-107. Bonds — Issuance for refunding of obligations
§ 14-269-108. Bonds — Indebtedness as special obligation — Payment of principal and interest
§ 14-269-109. Bonds — Mortgage lien
§ 14-269-110. Bonds — Default in payment