Arkansas Code Title 14, Subtitle 4, Chapter 72, Subchapter 2 - Refunding Bonds of Counties Generally
§ 14-72-201 - Authority to Refund -- Procedure.
(a) Any county of this state shall have the power and is authorized to refund its outstanding bonded indebtedness on terms the county court...
§ 14-72-202 - Form of Bonds -- Rights and Remedies.
The refunding bonds: (1) Shall be negotiable instruments; (2) May have coupons evidencing interest, payable annually or semiannually; and (3) Shall have all the...