Arkansas Statutes
§ 14-123-605 — Valid indebtedness unimpaired
Arkansas·Title 14
The dissolution of a district under the terms of this subchapter shall not impair or deny any creditor of the district the right to the collection of its bona fide and valid indebtedness existing against the district, but the creditors of the district shall be subject to this subchapter in connection with the presentation, allowance, or other adjudication with reference to their claim.
Free access — add to your briefcase to read the full text and ask questions with AI
Arkansas § 14-123-605 (Valid indebtedness unimpaired) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Act 2021, No. 266,§ 1, eff. 7/28/2021.
Nearby Sections
15
§ 14-1-102
Noncriminal fingerprinting - Fee§ 14-1-107
Auxiliary containers - Definition§ 14-1-201
Definitions§ 14-1-204
Liability for costs and attorney's fees