Arkansas Code Title 12, Subtitle 3, Chapter 41, Subchapter 7 - Jail Boards -- Revenue Bonds
- § 12-41-701 - Definitions.
As used in this subchapter: (1) "Board" means the county jail board, municipal jail board, or public instrumentality jail board, as the case may...
- § 12-41-702 - Method Supplemental.
The method set forth in this subchapter for construction, renovation, or expansion of jails shall be supplemental to any other method authorized by law...
- § 12-41-703 - Adoption of Ordinance.
Any county quorum court or governing body of a municipality or public instrumentality desiring to construct, renovate, or expand a jail in the manner...
- § 12-41-704 - Jail Boards.
(a) (1) Any county, municipality, or public instrumentality electing to form a county jail board, municipal jail board, or public instrumentality jail board for...
- § 12-41-705 - Bonds -- Authority to Issue.
The county jail board, municipal jail board, or public instrumentality jail board is authorized and empowered to issue bonds at one (1) time or...
- § 12-41-706 - Bonds -- Authorizing Resolution.
(a) The bonds shall be authorized by resolution of the county jail board, municipal jail board, or public instrumentality jail board.(b) The authorizing resolution,...
- § 12-41-707 - Bonds -- Contract Between Parties -- Enforcement.
(a) Together with this subchapter and the ordinance or resolution of the quorum court or the governing body of the municipality or public instrumentality...
- § 12-41-708 - Bonds -- Terms and Conditions.
(a) As the county jail board, municipal jail board, or public instrumentality jail board shall determine, the bonds: (1) Shall be registrable as to...
- § 12-41-709 - Bonds -- Sale -- Disposition of Proceeds.
(a) The bonds may be sold in such manner and at such prices, including sale at discount, as the county jail board, municipal jail...
- § 12-41-710 - Bonds -- Coupons -- Execution -- Seal.
(a) Bonds issued pursuant to this subchapter shall bear the manual or facsimile signature of the presiding officer of the county jail board, municipal...
- § 12-41-711 - Bonds -- Liability On.
(a) (1) Bonds issued pursuant to this subchapter shall be obligations only of the issuing county jail board, municipal jail board, or public instrumentality...
- § 12-41-712 - Bonds -- Pledge of Revenues -- Funds.
(a) (1) The principal, premiums, if any, interest on, and trustees' and paying agents' fees in connection with all bonds issued under this subchapter...
- § 12-41-713 - Bonds -- Tax Exemption.
Bonds and other evidences of indebtedness issued under the provisions of this subchapter and the interest thereon shall be exempt from all state, county,...
- § 12-41-714 - Bonds -- Investments by Public Entities.
(a) Any municipality, board, commission, governing authority established by ordinance of any municipality, or governing authorities, respectively, of the local firefighter's pension and relief...
- § 12-41-715 - Fees, Costs, Etc. -- Disposition.
(a) Any county, municipality, or public instrumentality may, by ordinance or resolution, provide that all or any identified portion of the revenues derived by...
- § 12-41-716 - Use of Board Jail Fund for Supervision and Transportation of Inmates.
In addition to any other purposes for which funds in a county jail board jail fund, municipal jail board jail fund, or public instrumentality...
- § 12-41-717 - Contract With Governmental Entities -- Authority to Create Boards.
(a) Each county, municipality, public instrumentality, and other governmental entity of this state is authorized and empowered, upon ordinance or resolution of the governing...
- § 12-41-718 - Sole and Exclusive Law.
(a) Except as provided under ยง 12-41-702, the provisions of this subchapter are intended to solely and exclusively govern the manner in which a...
- § 12-41-719 - Repayment of Debt.
Any municipality, county, public instrumentality, or other governmental entity may pledge all or any portion of its fines, penalties, bonds against fines, court costs,...
Last modified: November 15, 2016