Arkansas § 14-125-801 - Petition to borrow money or issue bonds, etc.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-125-801 — Petition to borrow money or issue bonds, etc., with citation guidance and answers to common questions.
§ 14-125-801. Petition to borrow money or issue bonds, etc.
The board of directors may petition the chancery court for authority to borrow money or issue bonds or other evidences of indebtedness. The petition of the board shall state whether it is desired that those bonds or other evidences of indebtedness shall be made payable from the proceeds of any revenues derived from the operation of the works of improvement included in the approved plan or from the proceeds of taxes levied against the land within the project area. The order of the court authorizing the issuance of the bonds or other evidences of indebtedness shall specify which sources shall be liable for the payments of the principal and interest thereon.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-125-801
What does Arkansas Code of 1987 Annotated § 14-125-801 cover?
Section 14-125-801 ("Petition 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 § 14-125-801?
A common citation format is "Arkansas Code of 1987 Annotated § 14-125-801" (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 § 14-125-801 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.