Arkansas § 14-186-307 Sale and execution of bonds

Arkansas Statutes

§ 14-186-307 — Sale and execution of bonds

Arkansas § 14-186-307

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This text of Arkansas § 14-186-307 (Sale and execution 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. § 14-186-307 (2026).

Text

(a)Revenue bonds may be sold for such price including sale at a discount and in such manner as the municipality may determine by ordinance.

(b)(1) (A) The bonds shall be executed by the manual or facsimile signature of the mayor and the manual signature of the clerk or recorder of the municipality.

(B)The coupons attached to the bonds may be executed by the facsimile signature of the mayor of the municipality.

(2)In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of the bonds or coupons, their signatures shall, nevertheless, be valid and sufficient for all purposes.

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(a) Revenue bonds may be sold for such price including sale at a discount and in such manner as the municipality may determine by ordinance. (b) (1) (A) The bonds shall be executed by the manual or facsimile signature of the mayor and the manual signature of the clerk or recorder of the municipality. (B) The coupons attached to the bonds may be executed by the facsimile signature of the mayor of the municipality. (2) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be such officers before the delivery of the bonds or coupons, their signatures shall, nevertheless, be valid and sufficient for all purposes.

Legislative History

Acts 1937, No. 231, § 3; Pope's Dig., § 9709; Acts 1947, No. 189, § 3; 1967, No. 69, § 1; 1970 (Ex. Sess.), No. 54, § 1; 1973, No. 87, § 2; 1981, No. 425, § 36; A.S.A. 1947, § 19-2704.