Arkansas § 11-10-1011 - Sources of repayment.

Full text of Arkansas Arkansas Code of 1987 Annotated § 11-10-1011 — Sources of repayment., with citation guidance and answers to common questions.

§ 11-10-1011. Sources of repayment.

The Arkansas Unemployment Trust Fund Bonds shall be payable from the designated revenues. The unemployment obligation assessment shall be collected until the end of the quarter immediately following the repayment of all bonds authorized under this subchapter. The unemployment obligation assessment shall not be collected until the qualified voters of the state approve the issuance of bonds under this subchapter. In order to secure the payment of debt service, any trust instrument, resolution, or other document for the security for the bondholders may provide for the payment of the designated revenues directly into a trust fund or to a paying agent for the payment of debt service on the bonds. It is not necessary for the funds to be deposited into the State Treasury. Designated revenues remaining after the payment of scheduled debt service on the bonds in any year shall be used to redeem or purchase outstanding bonds.

Source: official Arkansas text · Last verified 2026-08-27

Frequently Asked Questions About Arkansas § 11-10-1011

What does Arkansas Code of 1987 Annotated § 11-10-1011 cover?

Section 11-10-1011 ("Sources of repayment.") 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 § 11-10-1011?

A common citation format is "Arkansas Code of 1987 Annotated § 11-10-1011" (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 § 11-10-1011 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.