Arkansas Code § 14-89-1302 - Street Improvement Districts

When any municipal street improvement district has paid out and fully retired its bonded indebtedness and there remains a surplus of money in the district and thereafter the property embraced in the district, or at least two-thirds (2/3) of it, shall have been included in a new paving improvement district, then the funds remaining on hand shall be paid by the commissioners on the bonds of the new district.

Section: 14-89-1302  14-89-1303  14-89-1304  14-89-1305    Next

Last modified: November 15, 2016