Arkansas Statutes
§ 14-123-605 — Valid indebtedness unimpaired
Arkansas § 14-123-605
JurisdictionArkansas
Title14
This text of Arkansas § 14-123-605 (Valid indebtedness unimpaired) 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. § 14-123-605 (2026).
Text
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.
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Legislative History
Added by Act 2021, No. 266,§ 1, eff. 7/28/2021.
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Bluebook (online)
Arkansas § 14-123-605, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/14-123-605.