(a) The bonds may be sold in a manner, either at public or private sale, and upon terms that the Arkansas Natural Resources Commission shall determine to be reasonable and expedient for effectuating the purposes for which the bonds are issued.
(b) The bonds may be sold at a price the commission may accept, including sale at discount.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 2 - Land and Water Resources Generally
Subchapter 13 - Revenue Bonds for Water Resources
§ 15-22-1301. Water resources — Bonds
§ 15-22-1302. Legal counsel — Underwriter
§ 15-22-1303. Tax exempt status of bonds — Investment in bonds
§ 15-22-1304. Gubernatorial approval
§ 15-22-1305. Bonds — Form — Terms
§ 15-22-1307. Bonds — Signature — Seal
§ 15-22-1308. Bonds — Issuance — Payment
§ 15-22-1309. Bonds — Effective date of lien of pledge
§ 15-22-1310. Bonds — Refunding
§ 15-22-1311. Bonds — Security for public funds