Arkansas Code § 6-62-708 - Bonds -- Principal Amount

The total principal amount of bonds to be issued during any fiscal biennium shall not exceed three hundred million dollars ($300,000,000), nor shall the principal amount of bonds outstanding at any time have debt service requirements in excess of twenty-four million dollars ($24,000,000) in any one (1) fiscal year from all sources.

Section: Previous  6-62-702  6-62-703  6-62-704  6-62-705  6-62-706  6-62-707  6-62-708  6-62-709  6-62-710  6-62-711  6-62-712  6-62-713  6-62-714  6-62-715  Next

Last modified: November 15, 2016