Arkansas Statutes

§ 19-9-305 — Conversion privilege

Arkansas § 19-9-305

This text of Arkansas § 19-9-305 (Conversion privilege) 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. § 19-9-305 (2026).

Text

The refunding bonds may be issued with the privilege of conversion to a lower rate or rates of interest if the issuer receives no less and pays no more than it would receive or pay if the bonds were not converted. The conversion shall be subject to the approval of the issuer.

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Legislative History

Acts 1961, No. 449, § 2; A.S.A. 1947, § 13-1104.

Nearby Sections

15
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Bluebook (online)
Arkansas § 19-9-305, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/19-9-305.