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

Arkansas Statutes

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

Arkansas § 15-5-419

Title15

This text of Arkansas § 15-5-419 (Sale of bonds - Statement on face of bond) 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. § 15-5-419 (2026).

Text

(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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(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.