Arkansas Statutes
§ 23-63-809 — Municipal or county utilities
Arkansas § 23-63-809
JurisdictionArkansas
Title23
This text of Arkansas § 23-63-809 (Municipal or county utilities) 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. § 23-63-809 (2026).
Text
An insurer may invest in bonds, notes, or evidences of indebtedness of any municipal or county utility within the United States or Canada, which are payable from revenues or earnings specifically pledged for the payment of the principal and interest on the obligations, and for the payment of which a lawful sinking fund or reserve fund has been established and is being maintained, but only if no default in payment of principal or interest on the obligations to be purchased has occurred within five (5) years of the investment.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Acts 1959, No. 148, § 105; A.S.A. 1947, § 66-2609.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
Citizens band radio equipmentCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 23-63-809, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/23-63-809.