Arkansas § 14-168-316 Redevelopment bonds or notes - Authorizing resolution

Arkansas Statutes

§ 14-168-316 — Redevelopment bonds or notes - Authorizing resolution

Arkansas § 14-168-316

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This text of Arkansas § 14-168-316 (Redevelopment bonds or notes - Authorizing resolution) 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. § 14-168-316 (2026).

Text

(a)Redevelopment bonds and notes shall be authorized by ordinance of the local governing body.

(b)(1) The ordinance shall state the name of the redevelopment project district, the amount of bonds or notes authorized, and the interest rate to be borne by the bonds or notes.

(2)The ordinance may prescribe the terms, form, and content of the bonds or notes and such other matters as the local governing body deems useful, or it may include by reference the terms and conditions set forth in a trust indenture or other document securing the redevelopment bonds.

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(a) Redevelopment bonds and notes shall be authorized by ordinance of the local governing body. (b) (1) The ordinance shall state the name of the redevelopment project district, the amount of bonds or notes authorized, and the interest rate to be borne by the bonds or notes. (2) The ordinance may prescribe the terms, form, and content of the bonds or notes and such other matters as the local governing body deems useful, or it may include by reference the terms and conditions set forth in a trust indenture or other document securing the redevelopment bonds.