Arkansas Code § 15-20-315

Restrictions on alienation or encumbrance
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No portion of the system may be alienated or encumbered, directly or indirectly, in whole or in part, except in accordance with the procedures set forth in § 15-20-314 . Acts 1973, No. 112, § 14; A.S.A. 1947, § 9-1414.
No portion of the system may be alienated or encumbered, directly or indirectly, in whole or in part, except in accordance with the procedures set forth in § 15-20-314 . Acts 1973, No. 112, § 14; A.S.A. 1947, § 9-1414.
No portion of the system may be alienated or encumbered, directly or indirectly, in whole or in part, except in accordance with the procedures set forth in § 15-20-314 . Acts 1973, No. 112, § 14; A.S.A. 1947, § 9-1414.
No portion of the system may be alienated or encumbered, directly or indirectly, in whole or in part, except in accordance with the procedures set forth in § 15-20-314 .
Acts 1973, No. 112, § 14; A.S.A. 1947, § 9-1414.

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