Arkansas § 15-4-3008 - Purpose of bonds.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-4-3008 — Purpose of bonds., with citation guidance and answers to common questions.
§ 15-4-3008. Purpose of bonds.
Bonds shall be issued for the purpose of financing superprojects. The proceeds of the bonds shall be applied: To the payment of project costs and the costs and expenses of issuance of the bonds; In connection with a superproject refinancing, to the repayment of indebtedness incurred to pay project costs; or For refunding of bonds as provided in this subchapter.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-4-3008
What does Arkansas Code of 1987 Annotated § 15-4-3008 cover?
Section 15-4-3008 ("Purpose of bonds.") 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 § 15-4-3008?
A common citation format is "Arkansas Code of 1987 Annotated § 15-4-3008" (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 § 15-4-3008 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.