Arkansas § 14-186-305 - Funding of facilities.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-186-305 — Funding of facilities., with citation guidance and answers to common questions.
§ 14-186-305. Funding of facilities.
Municipalities are authorized to use any available revenues for the accomplishment of the purposes and the implementation of the powers authorized by this subchapter, including the proceeds of revenue bonds issued from time to time pursuant to the provisions of this subchapter, either alone or together with other available funds and revenues. The amount of each issue of bonds issued may be sufficient to pay: The costs of accomplishing the purposes for which it is being issued; The cost of issuing the bonds; The amount necessary for a reserve if it is determined to be desirable in favorably marketing the bonds; The amount, if any, necessary to provide for debt service on the bonds until revenues for the payment of them are available; and Any other costs and expenditures of whatever nature incidental to the accomplishment of the specified purposes.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-186-305
What does Arkansas Code of 1987 Annotated § 14-186-305 cover?
Section 14-186-305 ("Funding of facilities.") 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 § 14-186-305?
A common citation format is "Arkansas Code of 1987 Annotated § 14-186-305" (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 § 14-186-305 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.