This subchapter shall not create any right, and no right shall arise under it, until the initial issue or series of bonds authorized by this subchapter shall have been sold and delivered by the State Board of Education.
Ark. Code Ann. § 6-20-1016
Prohibition on creation of rights
Acts 1973, No. 59, § 13; A.S.A. 1947, § 80-975.
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.