(a) This subchapter shall not create any right of any character, and no right of any character shall arise under it unless and until the first series of bonds authorized by this subchapter are sold and delivered.
(b) The issuance of bonds authorized by this subchapter shall not impair or affect any outstanding bonds of the Arkansas Development Finance Authority issued under prior acts.
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
Subchapter 32 - Arkansas Amendment 82 Implementation Act
§ 15-4-3203. Amendment 82 project qualification
§ 15-4-3204. Amendment 82 agreement
§ 15-4-3206. Compliance time period — Audit requirements
§ 15-4-3208. Amendment 82 bonds
§ 15-4-3210. Authorization of bonds
§ 15-4-3211. Form and delivery of bonds
§ 15-4-3212. Sale and price of bonds
§ 15-4-3213. Deposit of bond proceeds
§ 15-4-3214. General obligation bonds
§ 15-4-3215. Annual determination of moneys required for bond repayment
§ 15-4-3216. Exemption from taxes — Eligible to secure deposits — Legal for investment
§ 15-4-3218. Contractual obligations of state — Enforcement
§ 15-4-3219. No rights until first series of bonds sold and delivered — Outstanding bonds unaffected
§ 15-4-3220. Legal actions heard as preferred cause — Appeals
§ 15-4-3221. Monitoring and reporting