Arkansas § 13-5-313 - Statements on bonds — Liability.
Full text of Arkansas Arkansas Code of 1987 Annotated § 13-5-313 — Statements on bonds — Liability., with citation guidance and answers to common questions.
§ 13-5-313. Statements on bonds — Liability.
It shall be plainly stated on the face of each bond that: The bond has been issued under the provisions of this subchapter; The bonds are obligations only of the Secretary of the Department of Parks, Heritage, and Tourism; In no event do the bonds constitute an indebtedness for which the faith and credit of the State of Arkansas or any of its revenues are pledged; and The bonds are not secured by a mortgage or lien on any land or buildings belonging to the State of Arkansas or the Department of Parks, Heritage, and Tourism. No member of the department 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 he or she shall have acted with a corrupt intent.
Frequently Asked Questions About Arkansas § 13-5-313
What does Arkansas Code of 1987 Annotated § 13-5-313 cover?
Section 13-5-313 ("Statements on bonds — Liability.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 13-5-313?
A common citation format is "Arkansas Code of 1987 Annotated § 13-5-313" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 13-5-313 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.