All bonds issued under the provisions of this chapter, maturing on and after ten (10) years from their date, in the discretion of the State Highway Commission, may contain a provision authorizing their redemption before maturity at the option of the commission in a manner as it may elect at par plus accrued interest upon notice published for one (1) insertion not more than sixty (60) days and not later than thirty (30) days before the date of such redemption in a newspaper of general circulation published in Little Rock and in a financial journal published in the Borough of Manhattan, New York, New York.
Structure Arkansas Code
Subtitle 6 - Bridges And Ferries
Chapter 88 - Bonds For Construction And Operation
§ 27-88-101. Liberal construction
§ 27-88-103. Scope of authority
§ 27-88-104. Authority to issue bonds — Use of funds
§ 27-88-106. Redemption before maturity
§ 27-88-109. No right arises until issuance and sale
§ 27-88-110. Investment of proceeds from sale
§ 27-88-111. Temporary notes or bonds
§ 27-88-112. Notes and bonds as negotiable instruments
§ 27-88-114. Sinking fund for payment of bonds
§ 27-88-115. Operation and maintenance fund
§ 27-88-116. Tolls, rates, and fees
§ 27-88-117. Bonds payable solely from bridge or ferry revenues
§ 27-88-118. Additional bond issues — Equality
§ 27-88-119. Contracts with United States or other states