Arkansas § 14-116-701 - Authority to borrow money or issue bonds, etc.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-116-701 — Authority to borrow money or issue bonds, etc., with citation guidance and answers to common questions.
§ 14-116-701. Authority to borrow money or issue bonds, etc.
The board may borrow money at a rate of interest from any agency of the United States, the state, or any other public or private lending source; may issue promissory notes, negotiable bonds, or other evidences of indebtedness as required by the lender thereof; and may pledge and assign all assessments and revenues relating to the improvement project area for the repayment thereof.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-116-701
What does Arkansas Code of 1987 Annotated § 14-116-701 cover?
Section 14-116-701 ("Authority to borrow money or issue bonds, etc.") 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 § 14-116-701?
A common citation format is "Arkansas Code of 1987 Annotated § 14-116-701" (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 § 14-116-701 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.