Modification or dissolution — Prohibitions — Exception
Acts 1995, No. 1090, § 4.
(1) Once an urban service district has incurred bond indebtedness, it shall not be dissolved or modified in any respect until all bonds are retired.
(2) This prohibition shall not prevent the creation of a new or additional district with boundaries larger, smaller, or coextensive with, an existing urban service district.
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.