Arkansas § 14-169-1005 - Funds for acquisition.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-169-1005 — Funds for acquisition., with citation guidance and answers to common questions.
§ 14-169-1005. Funds for acquisition.
Funds for the acquisition of surplus federal properties may be provided from general revenue sources, general mortgage loans, or revenue bonds which may be issued by the county, city, or town to provide funds. The revenue bonds may bear interest at such rate or rates as provided in the ordinance authorizing their issuance. Bonds so issued shall: Be negotiable; Declare that a statutory mortgage lien shall exist on the property so acquired; and Be executed by the county judge and county clerk or municipal mayor and municipal clerk or recorder. The funds derived from the bonds shall be used exclusively for purposes for which they are issued.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-169-1005
What does Arkansas Code of 1987 Annotated § 14-169-1005 cover?
Section 14-169-1005 ("Funds for acquisition.") 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 § 14-169-1005?
A common citation format is "Arkansas Code of 1987 Annotated § 14-169-1005" (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 § 14-169-1005 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.