Arkansas § 20-7-411 Formation of contracts

Arkansas Statutes

§ 20-7-411 — Formation of contracts

Arkansas § 20-7-411

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This text of Arkansas § 20-7-411 (Formation of contracts) 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. § 20-7-411 (2026).

Text

(a)The authorizing resolution and each agreement or other writing executed and delivered pursuant to it or to this subchapter, together with this subchapter, shall constitute a contract between the State Board of Health and the Arkansas Development Finance Authority, and the obligations of the board may be enforced by mandamus or other equitable or legal remedy.

(b)The obligations of the board shall be freely assignable by the authority, provided that the board is notified in writing of the assignment.

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(a) The authorizing resolution and each agreement or other writing executed and delivered pursuant to it or to this subchapter, together with this subchapter, shall constitute a contract between the State Board of Health and the Arkansas Development Finance Authority, and the obligations of the board may be enforced by mandamus or other equitable or legal remedy. (b) The obligations of the board shall be freely assignable by the authority, provided that the board is notified in writing of the assignment.