Arkansas § 14-95-610 - Bond description and liability.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-95-610 — Bond description and liability., with citation guidance and answers to common questions.
§ 14-95-610. Bond description and liability.
It shall be plainly stated on the face of each bond that: It has been issued under the provisions of this chapter; The bonds shall be obligations only of the Arkansas Development Finance Authority, as specified in the applicable trust indenture; and In no event shall they constitute indebtedness for which the faith and credit of the State of Arkansas or any of its revenues, within the meaning of Arkansas Constitution, Amendment 20, are pledged. No member of the authority shall be personally liable on the bonds.
Frequently Asked Questions About Arkansas § 14-95-610
What does Arkansas Code of 1987 Annotated § 14-95-610 cover?
Section 14-95-610 ("Bond description and liability.") 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 § 14-95-610?
A common citation format is "Arkansas Code of 1987 Annotated § 14-95-610" (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 § 14-95-610 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.