Arkansas Statutes

§ 15-5-304 — Exclusive issuer of mortgage bonds

Arkansas § 15-5-304

This text of Arkansas § 15-5-304 (Exclusive issuer of mortgage 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. § 15-5-304 (2026).

Text

For purposes of compliance with the Mortgage Subsidy Bond Tax Act of 1980, the General Assembly finds and declares that the Arkansas Development Finance Authority shall be the exclusive issuer of mortgage bonds as defined in the Mortgage Subsidy Bond Tax Act of 1980, and the authority shall receive the entire allocation to the state in principal amount of bonds to be issued annually.

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Related

Opinion No.
(Arkansas Attorney General Reports, 2008)

Legislative History

Acts 1985, No. 1062, § 9.00; A.S.A. 1947, § 13-2909.

Nearby Sections

15
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Bluebook (online)
Arkansas § 15-5-304, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-5-304.