Arkansas § 14-202-108 Bonds - Issuance generally

Arkansas Statutes

§ 14-202-108 — Bonds - Issuance generally

Arkansas § 14-202-108

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This text of Arkansas § 14-202-108 (Bonds - Issuance generally) 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. § 14-202-108 (2026).

Text

(a)Municipalities are authorized to use any available funds and revenues to pay and provide for costs and expenses of accomplishing the purposes authorized by this chapter and, for the purpose of paying project costs or the portion thereof pertaining to its interest in the project, a municipality may issue revenue bonds as provided in this chapter.

(b)The issuance of bonds shall be by an ordinance of the governing body of the municipality.

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(a) Municipalities are authorized to use any available funds and revenues to pay and provide for costs and expenses of accomplishing the purposes authorized by this chapter and, for the purpose of paying project costs or the portion thereof pertaining to its interest in the project, a municipality may issue revenue bonds as provided in this chapter. (b) The issuance of bonds shall be by an ordinance of the governing body of the municipality.