Arkansas Statutes
§ 14-116-701 — Authority to borrow money or issue bonds, etc
Arkansas·Title 14
The board may borrow money at a rate of interest from any agency of the United States, the state, or any other public or private lending source; may issue promissory notes, negotiable bonds, or other evidences of indebtedness as required by the lender thereof; and may pledge and assign all assessments and revenues relating to the improvement project area for the repayment thereof.
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Legislative History
Acts 1995, No. 838, § 7.
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