Arkansas Code § 14-164-316 - Bonds Generally -- Pledge of Taxes Generally

The bonds shall be secured by, and contain a pledge of, any tax or combination of taxes authorized to pay the bonded indebtedness and shall be payable solely from the taxes authorized by this subchapter. However, the issuer is not prohibited from using other taxes, revenues, or receipts to retire the bonds.

Section: Previous  14-164-309  14-164-310  14-164-311  14-164-312  14-164-313  14-164-314  14-164-315  14-164-316  14-164-317  14-164-318  14-164-319  14-164-320  14-164-321  14-164-322  14-164-323  Next

Last modified: November 15, 2016