Arkansas Statutes

§ 14-203-104 — Authorization to finance electric system

Arkansas·Title 14

Municipalities are authorized to use any available funds and reserves to pay and provide for costs and expenses of owning and operating an electric system and, for the purpose of paying electric system costs, a municipality may issue revenue bonds as provided in this chapter.

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Legislative History

Acts 1983, No. 441, § 3; A.S.A. 1947, § 19-6003.

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