(a) As used in this section: (1) "Issue", "issuance", or some variety thereof means the date upon which a second-lien bond is actually sold; and (2) "Second-lien bond" means a commercial bond issued under the authority set forth in § 26-80-106 . (b) All second-lien bonds issued by school districts shall have semiannual interest payments. Amended by Act 2017, No. 935,§ 2, eff. 8/1/2017. Acts 2001, No. 1220, § 18; 2005, No. 2121, § 15. (a) As used in this section: (1) "Issue", "issuance", or some variety thereof means the date upon which a second-lien bond is actually sold; and (2) "Second-lien bond" means a commercial bond issued under the authority set forth in § 26-80-106 . (b) All second-lien bonds issued by school districts shall have semiannual interest payments. Amended by Act 2017, No. 935,§ 2, eff. 8/1/2017. Acts 2001, No. 1220, § 18; 2005, No. 2121, § 15. (a) As used in this section: (1) "Issue", "issuance", or some variety thereof means the date upon which a second-lien bond is actually sold; and (2) "Second-lien bond" means a commercial bond issued under the authority set forth in § 26-80-106 . (b) All second-lien bonds issued by school districts shall have semiannual interest payments. Amended by Act 2017, No. 935,§ 2, eff. 8/1/2017. Acts 2001, No. 1220, § 18; 2005, No. 2121, § 15. (a) As used in this section: (1) "Issue", "issuance", or some variety thereof means the date upon which a second-lien bond is actually sold; and (2) "Second-lien bond" means a commercial bond issued under the authority set forth in § 26-80-106 . (1) "Issue", "issuance", or some variety thereof means the date upon which a second-lien bond is actually sold; and (2) "Second-lien bond" means a commercial bond issued under the authority set forth in § 26-80-106 . (b) All second-lien bonds issued by school districts shall have semiannual interest payments. Acts 2001, No. 1220, § 18; 2005, No. 2121, § 15.
‹ Prev All Arkansas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.