This chapter shall be construed liberally to effectuate the legislative intent and the purposes of this chapter as complete and independent authority for the performance of every act and thing authorized, and all powers granted under this chapter shall be broadly interpreted to effectuate the intent and purposes, and not as a limitation of powers.
Structure Arkansas Code
Subtitle 4 - Public Finance Generally
Chapter 78 - Local Government Short-Term Financing Obligations
§ 14-78-103. Authorization for issuance of obligations
§ 14-78-104. Refunding obligations
§ 14-78-105. Obligations may be secured by mortgage lien
§ 14-78-107. Obligations are negotiable instruments