Arkansas Code Title 14, Subtitle 10, Chapter 163, Subchapter 2 - Cities of the First Class in Counties of 105,000 or More

• § 14-163-201 - Title.
  This subchapter shall be referred to and may be cited as the "Amendment No. 18 Implementing Act of 1963."
• § 14-163-202 - Legislative Intent.
  (a) This subchapter is intended to supplement all constitutional provisions and other legislation designed to accomplish the securing and developing of factories, industries, and...
• § 14-163-203 - Definitions.
  As used in this subchapter, unless the context otherwise requires: (1) "City" means any city of the first class located in a county having...
• § 14-163-204 - Construction.
  This subchapter shall be liberally construed to accomplish its purposes.
• § 14-163-205 - Appointment of Commissioners.
  (a) (1) The respective commissioners authorized by Arkansas Constitution, Amendment 18, shall be appointed by the appointing boards specified in it. (2) The term...
• § 14-163-206 - Use of Tax and Bond Proceeds -- Purposes and Powers Generally.
  (a) The purposes for which the proceeds of the special tax or the proceeds of bonds issued under the provisions of this subchapter may...
• § 14-163-207 - Levy of Tax.
  (a) By ordinance of its governing body, any city may levy, from time to time a special tax, not exceeding in the aggregate five...
• § 14-163-208 - Bonds -- Issuance Generally.
  (a) If approved by the electors at a special election, the governing body of the city is authorized and empowered to issue bonds and...
• § 14-163-209 - Bonds -- Amount -- Pledge and Application of Revenues.
  (a) Bonds may be issued from time to time, and each issue shall be in the principal amount sufficient, together with other funds then...
• § 14-163-210 - Bonds -- Terms and Conditions.
  (a) The bonds shall be coupon bonds payable to bearer, but may be made subject to registration as to principal only.(b) As the authorizing...
• § 14-163-211 - Bonds -- Trust Indenture.
  Each ordinance authorizing the issuance of bonds may provide for the execution of an indenture defining the rights of the holders and registered owners...
• § 14-163-212 - Bonds -- Sale.
  Bonds issued under this subchapter shall be sold at public sale after twenty-days' advertisement in a newspaper having a bona fide circulation in the...
• § 14-163-213 - Bonds, Coupons -- Execution -- Seal.
  (a) (1) Bonds issued under this subchapter may be executed by the manual or fascimile signature of the mayor of the city but must...
• § 14-163-214 - Bonds -- Conversion.
  Bonds issued under this subchapter may be sold with the privilege of conversion to an issue bearing a lower rate or rates of interest,...
• § 14-163-215 - Bonds -- Tax Exemption.
  Bonds issued under the provisions of this subchapter shall be exempt from all state, county, and municipal taxes, and this exemption shall include income,...
• § 14-163-216 - Refunding Bonds.
  (a) Bonds may be issued under this subchapter for the purpose of refunding any bonds theretofore issued under this subchapter.(b) Refunding bonds may be...
• § 14-163-217 - Investment in Bonds Authorized.
  Bonds issued under this subchapter shall be eligible to secure deposits of all public funds and shall be legal for the investment of bank,...

Last modified: November 15, 2016