Bonds issued under this subchapter shall be issued for the purpose of financing the development of higher education projects at state institutions of higher education, and the proceeds of any bonds issued under this subchapter shall be applied for the payment of project costs or the refunding of bonds outstanding as authorized in §§ 6-62-709(b) and (c) and 6-62-715.
Structure Arkansas Code
Subtitle 5 - Postsecondary and Higher Education Generally
Chapter 62 - Property and Finances of State Institutions
Subchapter 7 - Arkansas College Savings Bond Act
§ 6-62-702. Legislative findings and declaration of public necessity
§ 6-62-706. Financial resources or financial aid or assistance
§ 6-62-707. Bonds — Authorization — Amount outstanding
§ 6-62-708. Bonds — Principal amount
§ 6-62-710. Bonds — Financial incentives
§ 6-62-712. Bonds — Terms and conditions generally
§ 6-62-713. Bonds — Terms and conditions — Series bonds
§ 6-62-714. Bonds — Resolution or trust indenture — Selection of projects
§ 6-62-717. Bonds — Sale — Employment of administrative agents, fiscal agents, and legal counsel
§ 6-62-718. Bonds — General obligations — Pledge of revenues
§ 6-62-719. Bonds — Payment — Bond fund — Debt Service Reserve Fund
§ 6-62-720. Bond — Tax exemption — Legal investments
§ 6-62-721. Bonds — Rights and liabilities — Enforcement
§ 6-62-722. Bonds — Rights and liabilities — Commencement
§ 6-62-723. Bonds — Deposit of proceeds
§ 6-62-724. Bonds — Investment and disbursement of funds