The bonds shall be registrable as to principal and interest, and the bonds may be in such form and denominations, may have such date or dates, may mature at such time or times not exceeding thirty (30) years from their date of issuance, may bear interest payable on such dates and at such rate or rates not exceeding the maximum rate allowed by law, may be payable at such place or places within or without the State of Arkansas, may be subject to such terms of redemption in advance of maturity at such prices, including such premiums, and may contain such terms and provisions, all as the board of trustees of the technical college or the community college shall specify in the authorizing resolution or in the trust indenture authorized by § 6-61-1005.
Structure Arkansas Code
Subtitle 5 - Postsecondary and Higher Education Generally
Chapter 61 - Postsecondary Institutions Generally
Subchapter 10 - Technical College and Community College Capital Improvement Act of 1993
§ 6-61-1003. Issuance of bonds
§ 6-61-1004. Authorization of bond issue — Terms of authorizing resolution
§ 6-61-1005. Additional terms of authorizing resolution
§ 6-61-1006. Signature on bonds
§ 6-61-1007. Interest on bonds
§ 6-61-1010. Authority of Arkansas Higher Education Coordinating Board
§ 6-61-1011. Authority of board of trustees — Issuance of bonds
§ 6-61-1012. Authority of board of trustees — Financing a project
§ 6-61-1013. Authority of board of trustees — Refunding bonds
§ 6-61-1014. Authority of board of trustees — Use of available funds