Arkansas § 15-5-1807 - Refunding bonds.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-5-1807 — Refunding bonds., with citation guidance and answers to common questions.
§ 15-5-1807. Refunding bonds.
The Arkansas Development Finance Authority may provide by resolution for the issuance of refunding bonds to refund outstanding bonds issued under this subchapter and any accrued interest on those bonds. The authority may: Sell the refunding bonds and use the proceeds to retire the outstanding bonds issued under this subchapter; Exchange the refunding bonds for the outstanding bonds; and Refund the bonds in the manner provided by any other applicable statute.
Frequently Asked Questions About Arkansas § 15-5-1807
What does Arkansas Code of 1987 Annotated § 15-5-1807 cover?
Section 15-5-1807 ("Refunding 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 § 15-5-1807?
A common citation format is "Arkansas Code of 1987 Annotated § 15-5-1807" (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 § 15-5-1807 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.