The remainder of the outstanding bonds issued by a municipal waterworks improvement district shall remain as an indebtedness against it and shall be paid by a levy on the assessment of benefits of the district in force at the time of a sale.
Ark. Code Ann. § 14-91-1005
Outstanding bonds
Acts 1929, No. 103, § 4; Pope's Dig., § 7398; A.S.A. 1947, § 20-330.
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.