Arkansas § 15-5-1508 - Security for bonds.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-5-1508 — Security for bonds., with citation guidance and answers to common questions.
§ 15-5-1508. Security for bonds.
The Arkansas Development Finance Authority may use the moneys in the Brownfield Revolving Loan Fund and the assets acquired with moneys in the fund to secure payment of the principal, premium, and interest on bonds issued by the authority if the net proceeds of the bonds are deposited into the fund.
Frequently Asked Questions About Arkansas § 15-5-1508
What does Arkansas Code of 1987 Annotated § 15-5-1508 cover?
Section 15-5-1508 ("Security for bonds.") 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 § 15-5-1508?
A common citation format is "Arkansas Code of 1987 Annotated § 15-5-1508" (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 § 15-5-1508 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.