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2019 Arkansas Code
Title 6 - Education
Subtitle 2 - Elementary and Secondary Education Generally
Chapter 20 - Finances
Subchapter 26 - Arkansas Public School Academic Facilities Financing Act of 2007
§ 6-20-2610. Full Faith and Credit of State Pledged to Repay Bonds
Universal Citation: AR Code § 6-20-2610 (2019)
The bonds shall be the direct general obligations of the state for the payment of debt service on which the full faith and credit of the state are irrevocably pledged so long as any such bonds are outstanding. The bonds shall be payable from the general revenues of the state, and the amount of general revenues of the state as is necessary is and shall remain pledged to the payment of debt service on the bonds.
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