The total principal amount of the bonds outstanding at any time shall not exceed fifteen million dollars ($15,000,000).
Structure Arkansas Code
Subtitle 2 - Elementary and Secondary Education Generally
Subchapter 10 - Revolving Loan Program — Alternative State Financing
§ 6-20-1003. Authority to engage and pay for professional help
§ 6-20-1004. Authority to issue bonds
§ 6-20-1005. Maximum amount of bonds
§ 6-20-1006. Authorizing resolution — Nature and contents of bonds
§ 6-20-1007. Issuance and designation of bonds
§ 6-20-1008. Sale and award of bonds
§ 6-20-1009. Execution of bonds — Signatures
§ 6-20-1010. Deposit of proceeds
§ 6-20-1012. Validation of bonds and certificates
§ 6-20-1014. Investment of retirement system funds
§ 6-20-1016. Prohibition on creation of rights
§ 6-20-1017. Purchase of bonds and certificates by Treasurer of State