Any city of the first or second class of this state shall have the power and is authorized to refund, in whole or in part, from time to time, its valid outstanding bonds issued under Arkansas Constitution, Amendment 13 [repealed]. To that end, the city may issue negotiable refunding bonds upon the terms and conditions hereinafter set out.
Structure Arkansas Code
Subtitle 4 - Public Finance Generally
Chapter 72 - Bonds of Counties, Cities, and Towns
Subchapter 5 - Refunding Municipal Bonds Issued Under Arkansas Constitution, Amendment 13
§ 14-72-501. Application of subchapter — Successive refunding
§ 14-72-502. Authority to refund — Issuance