Arkansas Statutes
§ 13-5-310 — Contract with bond owners - Enforcement
Arkansas·Title 13
(a)Any authorizing resolution and trust indenture shall, together with this subchapter, constitute a contract between the Secretary of the Department of Parks, Heritage, and Tourism and the holders and registered owners of the bonds.
(b)This contract and all covenants, agreements, and obligations therein shall be promptly performed in strict compliance with the terms and provisions of the contract.
(c)The covenants, agreements, and obligations of the secretary may be enforced by mandamus or other appropriate proceedings at law or in equity.
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Legislative History
Amended by Act 2019, No. 910,§ 5567, eff. 7/1/2019. Acts 1971, No. 515, § 5; 1975 (Extended Sess., 1976), No. 1018, § 2; A.S.A. 1947, § 6-1206.
Nearby Sections
15
§ 13-10-101
Creation - Duties§ 13-11-101
Creation§ 13-11-102
Administration - Rules§ 13-12-101
Creation§ 13-12-102
Selection§ 13-12-103
Rules§ 13-13-102
Members§ 13-13-103
Duties§ 13-13-104
Funding§ 13-14-101
Short title§ 13-14-102
Legislative intent§ 13-14-103
Arkansas heritage trails