Arkansas Code Title 4, Subtitle 3, Chapter 35, Subchapter 3 - Bond Provisions

• § 4-35-301 - Issuance of Bonds.
  (a) A water authority is authorized at any time and from time to time to issue its interest-bearing bonds for the purpose of acquiring,...
• § 4-35-302 - Execution of Bonds.
  (a) Bonds shall be executed by the manual or facsimile signature of the president of the water authority and by the manual or facsimile...
• § 4-35-303 - Security for Bonds.
  (a) The principal of and interest on bonds may be secured by a pledge of the revenues of a water authority of that project...
• § 4-35-304 - Bonds -- Tax Exemption.
  (a) The principal of and interest on bonds issued under the authority of this subchapter shall be exempt from all state, county, and municipal...
• § 4-35-305 - Proceeds From Issuance of Bonds.
  (a) The proceeds derived from all of the bonds other than refunding bonds may be used only to pay the costs of acquiring, constructing,...
• § 4-35-306 - Refunding Bonds.
  (a) A water authority, at any time and from time to time, may issue refunding bonds for the purpose of refunding the principal of...

Last modified: November 15, 2016