Arkansas § 14-362-202 - Contracts authorized.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-362-202 — Contracts authorized., with citation guidance and answers to common questions.
§ 14-362-202. Contracts authorized.
In connection with revenue bonds issued by an authority, the authority may enter into a contract for effective interest rates. A contract for effective interest rates may be entered into at the time the bonds are issued or at any time while the bonds are outstanding. A contract for effective interest rates may also be entered into by authorities in connection with an agreement that secures bonds or provides liquidity for the bonds. A contract for effective interest rates shall be made upon the terms and conditions established by the governing body of the authority. The contract may include terms permitting the authority to pay to or receive from a person or entity any loss of benefits under the contract upon an early termination or a default under the contract.
Frequently Asked Questions About Arkansas § 14-362-202
What does Arkansas Code of 1987 Annotated § 14-362-202 cover?
Section 14-362-202 ("Contracts authorized.") 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 § 14-362-202?
A common citation format is "Arkansas Code of 1987 Annotated § 14-362-202" (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 § 14-362-202 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.