Arkansas Code Title 19, Chapter 9, Subchapter 7 - Taxable Bond Act of 1989

• § 19-9-701 - Title.
  This subchapter shall be referred to as, and may be cited as, the "Taxable Bond Act of 1989".
• § 19-9-702 - Legislative Findings.
  The General Assembly of the State of Arkansas hereby finds and declares: (1) The Supreme Court of the United States, in the case of...
• § 19-9-703 - Definitions.
  As used in this subchapter, unless the content otherwise requires: (1) "Act" means the Taxable Bond Act of 1989. (2) "Bonds" means any bonds,...
• § 19-9-704 - Subchapter Supplemental -- Effect on Other State Laws or on Previously Issued Bonds.
  (a) This subchapter is supplemental to all other provisions of state law governing the issuance of bonds by any governmental unit and, except as...
• § 19-9-705 - Construction.
  The provisions of this subchapter shall be liberally construed in order to effectively carry out the purposes of this subchapter.
• § 19-9-706 - Issuance of Bonds Authorized.
  A governmental unit is hereby authorized to issue taxable bonds for any purpose permitted by the law heretofore or hereafter enacted under authority of...
• § 19-9-707 - Ordinance, Resolution, Indenture, Etc.
  The ordinance, resolution, indenture, agreement, or other instrument providing for the issuance of taxable bonds may provide for any of the following: (1) The...
• § 19-9-708 - Sale.
  The bonds may be sold at public or private sale. If the governing unit shall determine that a negotiated sale of the taxable bonds...
• § 19-9-709 - Proceeds -- Use.
  (a) The proceeds of an issue of taxable bonds and the investment earnings thereon shall be used, in the manner, and to the extent...
• § 19-9-710 - Refunding Bonds.
  Notwithstanding any provisions of state law relating to the investment or reinvestment of surplus funds of any governmental unit or any more restrictive provisions...

Last modified: November 15, 2016