Damascus is a town in Faulkner and Van Buren counties in the central part of the U.S. state of Arkansas. Its portion within Faulkner County is part of the Little Rock–North Little Rock–Conway Metropolitan Statistical Area. The population of Damascus was 306 at the 2000 census. On May 2, 2008, an EF3 tornado passing just north of the town caused extensive damage to the area, killing 0.98% of the population.

What is bonds and government finance law?

A bond may be an obligation of a state, its subdivisions, or a private corporation to pay a stated amount of money after a stated amount of time. Attorneys may help with the issuance of general obligation bonds, revenue bonds, revenue and grant anticipation notes, assessment and tax increment bonds, certificates of participation and conduit securities where the proceeds of the securities are loaned to other governmental entities, corporations, partnerships, and qualified 501(c)(3) organizations for a variety of governmental, industrial, commercial, and charitable purposes.

Federal court opinions concerning bonds and government finance law in Arkansas