(a) Each bond shall be signed with the facsimile signatures of the Governor, the Secretary of State, and the Chair of the Arkansas Natural Resources Commission and by the manual signature of the Treasurer of State or by a deputy of the Treasurer of State and shall have affixed or imprinted thereon the Great Seal of the State of Arkansas.
(b) Interest coupons attached to the bonds shall be signed with the facsimile signature of the Treasurer of State.
(c) Delivery of the bonds and coupons so executed shall be valid, notwithstanding any change in persons holding those offices occurring after the bonds have been executed.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 2 - Land and Water Resources Generally
Subchapter 6 - Arkansas Water Resources Development Act of 1981
§ 15-22-604. Powers of commission
§ 15-22-605. Water resources development bonds — Authority to issue
§ 15-22-606. Bonds — Principal amount
§ 15-22-607. Bonds — Approval of Governor
§ 15-22-608. Bonds — Purpose of issuance and application of proceeds
§ 15-22-610. Bonds — Individual series
§ 15-22-611. Bonds — Authorizing resolution, trust indenture, and selection of projects
§ 15-22-612. Bonds — Execution and delivery
§ 15-22-613. Bonds — Sale after notice
§ 15-22-614. Deposit of revenues — Trust funds
§ 15-22-615. Bonds as general obligations of state — Pledge of revenues
§ 15-22-616. Payment of debt service — Transfer and use of funds
§ 15-22-617. Tax exemption — Legal investment
§ 15-22-618. Contract not to be impaired — Remedies of bondholder
§ 15-22-619. Creation of rights
§ 15-22-620. Deposit of proceeds of sale of bonds