Arkansas Statutes

§ 15-4-3008 — Purpose of bonds

Arkansas § 15-4-3008

This text of Arkansas § 15-4-3008 (Purpose 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. § 15-4-3008 (2026).

Text

(a)Bonds shall be issued for the purpose of financing superprojects.
(b)The proceeds of the bonds shall be applied:
(1)To the payment of project costs and the costs and expenses of issuance of the bonds;
(2)In connection with a superproject refinancing, to the repayment of indebtedness incurred to pay project costs; or (3) For refunding of bonds as provided in this subchapter.

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Legislative History

Acts 2003, No. 1751, § 8.

Nearby Sections

15
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Bluebook (online)
Arkansas § 15-4-3008, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-4-3008.