Arkansas Statutes

§ 14-205-111 — Statutory lien upon system

Arkansas § 14-205-111

This text of Arkansas § 14-205-111 (Statutory lien upon system) 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. § 14-205-111 (2026).

Text

(a)A statutory mortgage lien shall be imposed upon the gas system constructed from the proceeds of bonds authorized by this chapter. The lien shall exist in favor of the holders of the bonds and the holders of coupons attached to the bonds.
(b)The gas system shall remain subject to the statutory mortgage lien until payment in full of the principal and interest of the bonds.

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Legislative History

Acts 1949, No. 71, § 11; A.S.A. 1947, § 19-4811.

Nearby Sections

15
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Bluebook (online)
Arkansas § 14-205-111, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/14-205-111.