(a) Unless otherwise specifically provided by law, the Secretary of the State Board of Finance shall be disbursing officer of appropriations made for meeting the debt service requirements of the direct general obligation bonds of this state at any time outstanding.
(b) As used in this section, “debt service requirements” means the maturing principal of, interest on, and paying agents' fees in connection with the payment of the bonds.
(c) The secretary, without fail, shall cause notice of the call to be published not less than thirty (30) days before the first date upon which such bonds may be called, with publication to be by one (1) insertion in a newspaper published in each of the cities of Little Rock, Arkansas; St. Louis, Missouri; and in a financial newspaper published in the Borough of Manhattan, City of New York, State of New York.
Structure Arkansas Code
Chapter 3 - State Treasury Management
Subchapter 5 - State Treasury Management Law
§ 19-3-503. State Treasury accounts
§ 19-3-504. Record and report of financial transactions
§ 19-3-505. Disposition of moneys received by Treasurer of State
§ 19-3-506. Custodian of moneys and securities — Internal controls — Annual audit
§ 19-3-507. Bank depositories generally
§ 19-3-508. Deposits in ineligible institutions
§ 19-3-509. Maximum amount of deposits and investments — Protection of State Treasury funds
§ 19-3-510. Types of accounts for deposits
§ 19-3-511. Term of deposit — Interest
§ 19-3-512. Estimate and investment of funds not needed for immediate cash requirements
§ 19-3-513. Interest income on deposits
§ 19-3-515. Charges on deposits
§ 19-3-516. Discontinuance as bank depository
§ 19-3-517. Effect of proper deposits
§ 19-3-518. Investments in securities and bank certificates of deposit
§ 19-3-519. State Treasury Certificate of Deposit Investment Program — Definitions
§ 19-3-520. Minimum balance to be maintained
§ 19-3-521. Securities Reserve Fund