Arkansas Code
Chapter 62 - Property and Finances of State Institutions
Subchapter 7 - Arkansas College Savings Bond Act

§ 6-62-701. Title - This subchapter may be referred to and cited as the...

§ 6-62-702. Legislative findings and declaration of public necessity - The General Assembly hereby finds: (1) The availability of higher...

§ 6-62-703. Definitions - In this subchapter, unless the context otherwise requires: (1) “Authority”...

§ 6-62-704. Construction - (a) This subchapter shall be liberally construed to accomplish the...

§ 6-62-705. Power and duties of Arkansas Development Finance Authority and Arkansas Higher Education Coordinating Board - (a) The Arkansas Development Finance Authority and the Arkansas Higher...

§ 6-62-706. Financial resources or financial aid or assistance - (a) The Arkansas Development Finance Authority, with the assistance of...

§ 6-62-707. Bonds — Authorization — Amount outstanding - The Arkansas Development Finance Authority, the “authority”, on behalf of...

§ 6-62-708. Bonds — Principal amount - The total principal amount of bonds to be issued during...

§ 6-62-709. Bonds — Issuance — Duties of Arkansas Higher Education Coordinating Board and Arkansas Development Finance Authority - (a) Provided further that, before any bonds may be issued...

§ 6-62-710. Bonds — Financial incentives - (a) The proceedings of the Arkansas Higher Education Coordinating Board,...

§ 6-62-711. Bonds — Purposes - Bonds issued under this subchapter shall be issued for the...

§ 6-62-712. Bonds — Terms and conditions generally - The bonds: (1) May be issued in the form of...

§ 6-62-713. Bonds — Terms and conditions — Series bonds - (a) The bonds shall be issued whether or not the...

§ 6-62-714. Bonds — Resolution or trust indenture — Selection of projects - (a) All bonds issued hereunder shall be authorized by resolution...

§ 6-62-715. Refunding bonds - (a) Bonds may also be issued for the purpose of...

§ 6-62-716. Bonds — Execution - (a) Each bond shall be signed with the facsimile signatures...

§ 6-62-717. Bonds — Sale — Employment of administrative agents, fiscal agents, and legal counsel - (a) The bonds may be sold in such manner, either...

§ 6-62-718. Bonds — General obligations — Pledge of revenues - (a) The bonds shall be direct general obligations of the...

§ 6-62-719. Bonds — Payment — Bond fund — Debt Service Reserve Fund - (a) On or before the commencement of each fiscal year,...

§ 6-62-720. Bond — Tax exemption — Legal investments - (a) All bonds issued under this subchapter, and interest thereon,...

§ 6-62-721. Bonds — Rights and liabilities — Enforcement - (a) This subchapter shall constitute a contract between the State...

§ 6-62-722. Bonds — Rights and liabilities — Commencement - This subchapter shall not create any right of any character,...

§ 6-62-723. Bonds — Deposit of proceeds - (a) The proceeds from the sale of the bonds, together...

§ 6-62-724. Bonds — Investment and disbursement of funds - (a) Any moneys held in any fund created under this...

§ 6-62-725. Judicial review — Priority - All cases involving the validity of this subchapter or any...

§ 6-62-726. Rules - (a) The Division of Higher Education or other agency to...