There is a newer version of the Arkansas Code
2015 Arkansas Code
Title 14 - Local Government
Subtitle 7 - Water And Soil Improvement Districts
Chapter 121 - Drainage Improvement Districts Generally
Subchapter 11 - Drainage Districts
§ 14-121-1109 - Valid indebtedness unimpaired.
AR Code § 14-121-1109 (2015) What's This?
No merger of a district under the terms of this subchapter shall impair or deny any creditor of the merging districts the right to the collection of its bona fide and valid indebtedness existing against the districts, but the creditors of the districts shall be subject to the provisions of this subchapter in connection with the presentation, allowance, or other adjudication with reference to their claim.
Disclaimer: These codes may not be the most recent version. Arkansas may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
