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    • Legislation USA
    • Arkansas Code
    • Title 27 - Transportation
    • Subtitle 6 - Bridges And Ferries
    • Chapter 88 - Bonds For Construction And Operation
    • § 27-88-109. No right arises until issuance and sale

    Arkansas Code
    Chapter 88 - Bonds For Construction And Operation
    § 27-88-109. No right arises until issuance and sale

    This chapter shall not create any right of any character, and no right of any character shall arise under or pursuant to it unless and until the bonds authorized by this chapter have been issued and actually sold by the State Highway Commission.

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    Structure Arkansas Code

    Arkansas Code

    Title 27 - Transportation

    Subtitle 6 - Bridges And Ferries

    Chapter 88 - Bonds For Construction And Operation

    § 27-88-101. Liberal construction

    § 27-88-102. Definitions

    § 27-88-103. Scope of authority

    § 27-88-104. Authority to issue bonds — Use of funds

    § 27-88-105. Form of bonds

    § 27-88-106. Redemption before maturity

    § 27-88-107. Seal

    § 27-88-108. Sale

    § 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

    § 27-88-113. Tax exemption

    § 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

    § 27-88-120. Conformity to federal law

    § 27-88-121. Right of eminent domain

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