Arkansas § 14-122-206 Sale of bonds

Arkansas Statutes

§ 14-122-206 — Sale of bonds

Arkansas § 14-122-206

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This text of Arkansas § 14-122-206 (Sale of bonds) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 14-122-206 (2026).

Text

(a)The bonds shall be sold at public sale on sealed bids.

(b)Notice of the sale shall be published once a week for at least two (2) consecutive weeks in a newspaper having a general circulation throughout the State of Arkansas, with the first publication to be at least twenty (20) days prior to the date of sale, and may be published in such other publications as the district may determine.

(c)The bonds may be sold at such price as the board may accept, including sale at a discount.

(d)The award, if made, shall be to the bidder whose bid results in the lowest net interest cost.

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(a) The bonds shall be sold at public sale on sealed bids. (b) Notice of the sale shall be published once a week for at least two (2) consecutive weeks in a newspaper having a general circulation throughout the State of Arkansas, with the first publication to be at least twenty (20) days prior to the date of sale, and may be published in such other publications as the district may determine. (c) The bonds may be sold at such price as the board may accept, including sale at a discount. (d) The award, if made, shall be to the bidder whose bid results in the lowest net interest cost.