(a) Any authorizing resolution by the Arkansas Student Loan Authority and any trust indenture or other loan agreement, together with this subchapter, shall constitute a contract between the authority and the holders and registered owners of the obligations.
(b) The contract and all covenants, agreements, and duties therein shall be promptly performed in strict compliance with the terms and provisions of such contract, and the covenants, agreements, and duties of the authority may be enforced by mandamus or other appropriate proceedings at law or in equity.
Section: Previous 6-81-108 6-81-109 6-81-110 6-81-111 6-81-112 6-81-113 6-81-114 6-81-115 6-81-116 6-81-118 6-81-119 6-81-120 6-81-122 6-81-124 6-81-125 NextLast modified: November 15, 2016