The bonds may be sold at public or private sale, for whatever price, including, without limitation, sale at a discount, and in whatever manner that the municipality may determine by ordinance.
Ark. Code Ann. § 14-203-108
Bonds — Sale
Known as the Municipal Electric System Financing Act
The act spans §§ 14–14 (18 sections).
Acts 1983, No. 441, § 3; A.S.A. 1947, § 19-6003.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.