Arkansas § 14-201-117 - Bonds or notes — Nature of indebtedness.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-201-117 — Bonds or notes — Nature of indebtedness., with citation guidance and answers to common questions.
§ 14-201-117. Bonds or notes — Nature of indebtedness.
The bonds and notes shall not be general obligations of the city, but shall be special obligations payable from and secured by a pledge of revenues derived from the city's waterworks or electric system and otherwise secured as provided in this subchapter. In no event shall the bonds and notes constitute an indebtedness of the city within the meaning of any constitutional or statutory limitation.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-201-117
What does Arkansas Code of 1987 Annotated § 14-201-117 cover?
Section 14-201-117 ("Bonds or notes — Nature of indebtedness.") 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 § 14-201-117?
A common citation format is "Arkansas Code of 1987 Annotated § 14-201-117" (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 § 14-201-117 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.