Arkansas Code
Chapter 122 - Municipal Drainage Improvement Districts
Subchapter 2 - District Financing

§ 14-122-201. Authority to borrow money and issue bonds or certificates — Security - (a) For the purpose of providing funds to pay preliminary...

§ 14-122-202. Nature of bonds - (a) The bonds may be coupon bonds, payable to bearer,...

§ 14-122-203. Authorizing resolution - The authorizing resolution may contain any of the terms, covenants,...

§ 14-122-204. Trust indenture - (a) The authorizing resolution may provide for the execution by...

§ 14-122-205. Contents of bonds - It shall be plainly stated on the face of each...

§ 14-122-206. Sale of bonds - (a) The bonds shall be sold at public sale on...

§ 14-122-207. Execution of bonds — Seal - (a) The bonds shall be executed by the manual or...

§ 14-122-208. Security and payment of bonds - The principal of and interest on, and paying agent's fees...

§ 14-122-209. Bonds — Tax exemption - Bonds issued under the provisions of this chapter, and the...

§ 14-122-210. Board liability on bonds - No member of the board shall be personally liable on...

§ 14-122-211. Additional funds — Supplemental annual assessment - (a) In order to effectuate the plan of improvement and...