There is a newer version of the Arkansas Code
2014 Arkansas Code
Title 19 - Public Finance
Chapter 9 - Public Obligations
Subchapter 7 - Taxable Bond Act of 1989
§ 19-9-706 - Issuance of bonds authorized.
AR Code § 19-9-706 (2014) What's This?
A governmental unit is hereby authorized to issue taxable bonds for any purpose permitted by the law heretofore or hereafter enacted under authority of which such taxable bonds are issued, whether such purposes are set forth in each law by specific category or by a general authorization to accomplish public purposes.
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