Arkansas § 14-163-214 - Bonds — Conversion.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-163-214 — Bonds — Conversion., with citation guidance and answers to common questions.
§ 14-163-214. Bonds — Conversion.
Bonds issued under this subchapter may be sold with the privilege of conversion to an issue bearing a lower rate or rates of interest, upon such terms and subject to such conditions as the governing body of the city shall determine. However, under no circumstances shall the city receive less or pay more than it would receive and pay if the bonds were not converted, and any conversion shall be subject to the approval of the governing body of the city.
Frequently Asked Questions About Arkansas § 14-163-214
What does Arkansas Code of 1987 Annotated § 14-163-214 cover?
Section 14-163-214 ("Bonds — Conversion.") 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 § 14-163-214?
A common citation format is "Arkansas Code of 1987 Annotated § 14-163-214" (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 § 14-163-214 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.