Arkansas Statutes
§ 15-4-3021 — Vote on issuance of bonds by qualified electors
Arkansas·Title 15
(a)If a majority of the qualified electors voting on the question vote for the issuance of the bonds, the Arkansas Development Finance Authority shall proceed with the sale and the issuance of the bonds as provided in this subchapter.
(b)If a majority of the qualified electors voting on the question vote against the issuance of the bonds, none of the bonds authorized by this subchapter shall ever be sold or issued.
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Arkansas § 15-4-3021 (Vote on issuance of bonds by qualified electors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 2003, No. 1751, § 21.
Nearby Sections
15
§ 15-1-101
Economic Advisor§ 15-10-201
Title§ 15-10-202
Declaration of policy§ 15-10-203
Arkansas Energy Office - Creation§ 15-10-204
Arkansas Energy Office - Director§ 15-10-301
Declaration of policy§ 15-10-302
Definitions§ 15-10-303
License or permit requirement§ 15-10-304
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