Arkansas § 11-10-1007 - Procedure for issuing Arkansas Unemployment Trust Fund Bonds.
Full text of Arkansas Arkansas Code of 1987 Annotated § 11-10-1007 — Procedure for issuing Arkansas Unemployment Trust Fund Bonds., with citation guidance and answers to common questions.
§ 11-10-1007. Procedure for issuing Arkansas Unemployment Trust Fund Bonds.
Prior to the issuance of Arkansas Unemployment Trust Fund Bonds, the Arkansas Development Finance Authority shall adopt a resolution authorizing the issuance of the bonds. Each resolution adopted under this section shall contain the terms, covenants, and conditions as are deemed desirable and consistent with this subchapter, including without limitation those pertaining to: The establishment and maintenance of funds and accounts; The deposit and investment of the bond proceeds; and The rights and obligations of the state, its officers and officials, the Arkansas Development Finance Authority, and the registered owners of the bonds. The resolutions of the Arkansas Development Finance Authority may provide for the execution and delivery by the Arkansas Development Finance Authority of a trust indenture or trust indentures, with one (1) or more banks or trust companies located within or without the state, containing any of the terms, covenants, and conditions required under subsection (b) of this section and any other terms and conditions deemed necessary by the Arkansas Development Finance Authority. The trust indenture or trust indentures shall be binding upon the Arkansas Development Finance Authority and the state, and their respective officers and officials.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 11-10-1007
What does Arkansas Code of 1987 Annotated § 11-10-1007 cover?
Section 11-10-1007 ("Procedure for issuing Arkansas Unemployment Trust Fund 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 § 11-10-1007?
A common citation format is "Arkansas Code of 1987 Annotated § 11-10-1007" (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 § 11-10-1007 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.