This subchapter shall not create any right of any character unless the first series of bonds authorized by this subchapter has been sold and delivered.
Ark. Code Ann. § 15-20-1316
No obligations until bonds issued
Acts 2007, No. 631, § 1.
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.