Arkansas Code Title 14, Subtitle 5, Chapter 95, Subchapter 6 - Arkansas Development Finance Authority

  • § 14-95-601 - Pledge of Revenues.
    (a) On and after the effective date of this chapter, the Arkansas Development Finance Authority is authorized: (1) To receive from an urban service...
  • § 14-95-602 - Revenue Bonds.
    (a) Pursuant to the intention of the General Assembly expressed in ยง 15-5-303, the Arkansas Development Finance Authority is hereby authorized and empowered to...
  • § 14-95-603 - Issuance.
    (a) Bonds may be issued for the purpose of refunding any bonds issued under this chapter.(b) Refunding bonds may be issued by the Arkansas...
  • § 14-95-604 - Restrictions.
    All pledged revenues are hereby specifically declared to be restricted in their use and dedicated and to be used solely as provided and authorized...
  • § 14-95-605 - Bond Fund.
    (a) Commencing the first day of the month succeeding the issuance of the bonds under this chapter and so long as any bonds are...
  • § 14-95-606 - Deposit of Proceeds.
    (a) The Arkansas Development Finance Authority shall include necessary provisions in the authorizing resolution or trust indenture to provide for the deposit of the...
  • § 14-95-607 - Liens and Pledges.
    (a) The principal of, premiums, if any, interest on, and trustees' and paying agents' fees in connection with the bonds shall be secured by...
  • § 14-95-608 - Pledged Revenues.
    The principal of, premiums, if any, interest on, and trustees' and paying agents' fees in connection with all bonds issued under this chapter shall...
  • § 14-95-609 - Resolutions and Indentures.
    (a) Any authorizing resolution and trust indenture shall, together with this chapter, constitute a contract between the Arkansas Development Finance Authority and the holders...
  • § 14-95-610 - Bond Description and Liability.
    (a) It shall be plainly stated on the face of each bond that: (1) It has been issued under the provisions of this chapter;...

Last modified: November 15, 2016