Nothing in this subchapter shall be construed to authorize any school district to incur bonded indebtedness and pledge millage rates for the acquisition of lands or the construction of buildings in any school district other than within the school district so incurring that indebtedness and pledging that millage.
Ark. Code Ann. § 6-13-806
Indebtedness and pledge of millage
Acts 1961, No. 22, § 6; A.S.A. 1947, § 80-444.
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.