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2017 Arkansas Code
Title 27 - Transportation
Subtitle 6 - Bridges and Ferries
Chapter 90 - Toll Highways
Subchapter 2 - Turnpike Projects and Tolls
§ 27-90-210. Liability on bonds
Universal Citation: AR Code § 27-90-210 (2017)
- (a) It shall be plainly stated on the face of each bond that it has been issued under this subchapter, and the bonds issued shall be obligations only of the State Highway Commission and shall be special obligations, secured solely by pledges of turnpike project revenues or specifically designated federal grants.
- (b) No member of the commission shall be personally liable on the bonds or for any damages sustained by anyone in connection with any contracts entered into in carrying out the purposes and intent of this subchapter, unless that member shall have acted with a corrupt intent.
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