Arkansas Code § 14-91-106

Suits on bonds
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Suit may be brought by and in the name of a municipal board of improvement upon any bond given to the board, but the sum recovered shall be for the use of the fund of the improvement district for which the bond was given. Acts 1881, No. 84, § 14, p. 161; C. & M. Dig., § 5738; Pope's Dig., § 7365; A.S.A. 1947, § 20-312.
Suit may be brought by and in the name of a municipal board of improvement upon any bond given to the board, but the sum recovered shall be for the use of the fund of the improvement district for which the bond was given. Acts 1881, No. 84, § 14, p. 161; C. & M. Dig., § 5738; Pope's Dig., § 7365; A.S.A. 1947, § 20-312.
Suit may be brought by and in the name of a municipal board of improvement upon any bond given to the board, but the sum recovered shall be for the use of the fund of the improvement district for which the bond was given. Acts 1881, No. 84, § 14, p. 161; C. & M. Dig., § 5738; Pope's Dig., § 7365; A.S.A. 1947, § 20-312.
Suit may be brought by and in the name of a municipal board of improvement upon any bond given to the board, but the sum recovered shall be for the use of the fund of the improvement district for which the bond was given.
Acts 1881, No. 84, § 14, p. 161; C. & M. Dig., § 5738; Pope's Dig., § 7365; A.S.A. 1947, § 20-312.

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