Arkansas § 14-185-136 - Bonds — Mortgage lien.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-185-136 — Bonds — Mortgage lien., with citation guidance and answers to common questions.
§ 14-185-136. Bonds — Mortgage lien.
The resolution or indenture referred to in §§ 14-185-122 and 14-185-124 may, but need not, impose a foreclosable mortgage lien upon the facilities acquired, constructed, reconstructed, extended, equipped, or improved, in whole or in part, with the proceeds of bonds issued under this chapter. The nature and extent of the mortgage lien may be controlled by the resolution or indenture including, without limitation, provisions pertaining to: The release of all or part of the land, building, or facilities from the mortgage lien; and The priority of the mortgage lien in the event of successive bond issues as authorized by this chapter. The resolution or indenture authorizing or securing the bonds may authorize any holder or registered owner of bonds issued under the provisions of this chapter or a trustee on behalf of all holders and registered owners, either at law or in equity, to enforce the mortgage lien and, by proper suit, to compel the performance of the duties of the officials of the authority set forth in this chapter and set forth in the resolution or indenture authorizing or securing the bonds.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-185-136
What does Arkansas Code of 1987 Annotated § 14-185-136 cover?
Section 14-185-136 ("Bonds — Mortgage lien.") 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 § 14-185-136?
A common citation format is "Arkansas Code of 1987 Annotated § 14-185-136" (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 § 14-185-136 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.