Arkansas Statutes

§ 15-5-419 — Sale of bonds - Statement on face of bond

Arkansas·Title 15
(a)The bonds may be sold in such manner, either at public or private sale, and upon such terms as the Arkansas Development Finance Authority shall determine to be reasonable and expedient for effectuating the purposes for which the authority was created.
(b)The bonds may be sold at such price as the authority may accept, including sale at a discount.
(c)It shall be stated on the face of each bond that it has been issued under the provisions of this subchapter.

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Arkansas § 15-5-419 (Sale of bonds - Statement on face of bond) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 1985, No. 340, § 11; 1985, No. 505, § 11; A.S.A. 1947, § 13-2934.

Nearby Sections

15
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