Home/Arkansas/Statutes/Title: 14/§ 14-205-111
Arkansas Statutes

§ 14-205-111 — Statutory lien upon system

Arkansas·Title 14
(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.

Free access — add to your briefcase to read the full text and ask questions with AI

Arkansas § 14-205-111 (Statutory lien upon system) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

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

Nearby Sections

15
§ 14
1995 New Revenue Division Building Act - Acts 1995, No. 725, as amended by Acts 1997, No. 250
§ 14-1-101
Sport shooting ranges and sports facilities
§ 14-1-102
Noncriminal fingerprinting - Fee
§ 14-1-103
Sanctuary policies prohibited - Definition
§ 14-1-104
Outdoor sales of nonalcoholic beverages by minor
§ 14-1-105
Discrimination on basis of energy source of utility service prohibited - Definitions
§ 14-1-106
Home-based businesses - Legislative findings and intent - Definitions
§ 14-1-107
Auxiliary containers - Definition
§ 14-1-108
Pro-Life City, Pro-Life County, or Pro-Life Political Subdivision designation
§ 14-1-109
Underground gas storage facilities, fuel retailers, and related transportation infrastructure - Certain regulations and ordinances prohibited - Exceptions - Definitions
§ 14-1-110
Coverage for eligible police officer retirees - Definitions
§ 14-1-201
Definitions
§ 14-1-202
Local government may not prohibit the flying of the flag of the United States
§ 14-1-203
Private entity may not prohibit the flying of the flag of the United States
§ 14-1-204
Liability for costs and attorney's fees
View on official source ↗