Arkansas § 14-92-304 - Resolution for financial matters.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-92-304 — Resolution for financial matters., with citation guidance and answers to common questions.
§ 14-92-304. Resolution for financial matters.
After the execution of the contract for consolidation, the commissioners provided for in § 14-92-302 shall adopt a resolution setting forth their estimate of the cost of retiring outstanding bond issues, together with the cost of the contemplated improvements and betterments, and a brief description thereof, and provide for the issuance of revenue bonds including the amount, rate of interest, time and place of payment, and other details connected with them. The resolution shall also: Declare that a statutory mortgage lien shall exist upon the property of the consolidated system; Fix the minimum rates to be collected prior to the payment of the bonds; and Pledge the revenues derived from its services for the purpose of paying the bonds and interest.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-92-304
What does Arkansas Code of 1987 Annotated § 14-92-304 cover?
Section 14-92-304 ("Resolution for financial matters.") 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 § 14-92-304?
A common citation format is "Arkansas Code of 1987 Annotated § 14-92-304" (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 § 14-92-304 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.