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Ark. Code Ann. § 14-72-202

Form of bonds — Rights and remedies

Acts 1935, No. 102, § 2; Pope's Dig., § 11319; A.S.A. 1947, § 13-1221.

The refunding bonds:

(1) Shall be negotiable instruments;

(2) May have coupons evidencing interest, payable annually or semiannually; and

(3) Shall have all the rights of security and remedies for collection that are provided for the original bonds issued by the county.

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.