No school district identified in fiscal distress may incur any debt without the prior written approval of the Division of Elementary and Secondary Education.
Ark. Code Ann. § 6-20-1907
Debt issuance
Acts 2003, No. 1467, § 18; 2019, No. 910, § 1635.
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.