(a) Each bond shall:
(1) Be signed with the manual or facsimile signatures of the Governor, the Chair of the Board of Directors of the Arkansas Development Finance Authority, and the Treasurer of State; and
(2) Have affixed, imprinted, or lithographed on the bond the Great Seal of the State of Arkansas.
(b) Interest coupons attached to the bonds, if any, shall be signed with the facsimile signature of the Treasurer of State.
(c) Delivery of the bonds and coupons shall be valid notwithstanding any change in persons holding such offices occurring after the bonds have been executed.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 1 - Development Of Economic And Natural Resources Generally
Chapter 4 - Development Of Business And Industry Generally
§ 15-4-3002. Legislative findings
§ 15-4-3004. Authority to issue bonds
§ 15-4-3005. State of Arkansas Economic Development General Obligation Bonds
§ 15-4-3006. Qualification as a superproject
§ 15-4-3009. Authorization of bonds
§ 15-4-3010. Form and delivery of bonds
§ 15-4-3011. Sale and price of bonds
§ 15-4-3012. Deposit of bond proceeds
§ 15-4-3013. Powers of the Arkansas Economic Development Commission
§ 15-4-3014. General obligations bonds
§ 15-4-3015. Annual determination of moneys required for bond repayment
§ 15-4-3016. Exemption from taxes
§ 15-4-3018. Contractual obligations of state — Enforcement
§ 15-4-3019. No rights until first series of bonds sold and delivered — Outstanding bonds unaffected
§ 15-4-3020. Consent by qualified electors to issue bonds
§ 15-4-3021. Vote on issuance of bonds by qualified electors
§ 15-4-3022. Legal actions heard as preferred cause — Appeals