Arkansas § 15-5-307 - Request to issue certain bonds.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-5-307 — Request to issue certain bonds., with citation guidance and answers to common questions.
§ 15-5-307. Request to issue certain bonds.
When gubernatorial approval is required by the provisions of the Tax Equity and Fiscal Responsibility Act of 1982, Pub. L. No. 97-248, or any other federal or state law, the Governor is authorized to approve the issuance of bonds by the Arkansas Development Finance Authority upon receipt of written request for approval from the Board of Directors of the Arkansas Development Finance Authority. The written request shall state that the authority has conducted a public hearing pursuant to appropriate public notice concerning the purposes for which the bonds are to be issued, shall contain a description of the project or projects to be financed, and shall describe the method of financing the project or projects. The written request shall also summarize the comments made and questions posed at the public hearing.
Frequently Asked Questions About Arkansas § 15-5-307
What does Arkansas Code of 1987 Annotated § 15-5-307 cover?
Section 15-5-307 ("Request to issue certain 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 § 15-5-307?
A common citation format is "Arkansas Code of 1987 Annotated § 15-5-307" (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 § 15-5-307 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.