Arkansas § 14-362-203 - Payments and revenues.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-362-203 — Payments and revenues., with citation guidance and answers to common questions.
§ 14-362-203. Payments and revenues.
Payments required to be made by an authority under a contract for effective interest rates under this subchapter shall be payable from the same revenue source or sources from which the related bonds are payable. Revenues derived by an authority from a contract for effective interest rates shall be used for one (1) or more of the following purposes: The payment of the bond principal, bond premium, interest on the related bonds, or for amounts held in reserve for the bond payment; The payment of the authority's obligations under the contract; or Any purpose for which the related bonds were or could have been issued if the contract is authorized by the governing body of the authority in the same manner as the issuance of bonds.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-362-203
What does Arkansas Code of 1987 Annotated § 14-362-203 cover?
Section 14-362-203 ("Payments and revenues.") 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 § 14-362-203?
A common citation format is "Arkansas Code of 1987 Annotated § 14-362-203" (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 § 14-362-203 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.