Arkansas § 15-5-601 - Bonds affected — Definitions.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-5-601 — Bonds affected — Definitions., with citation guidance and answers to common questions.
§ 15-5-601. Bonds affected — Definitions.
This subchapter shall be effective for the calendar year 2001 and thereafter and may be relied upon by issuers of affected bonds, beneficiaries of the proceeds from and owners of the bonds, and other participants in the issuance of the bonds with respect to all affected bonds issued on and after January 1, 2001. As used in this subchapter: “Affected bonds” means bonds subject to the state ceiling; and “Qualified housing issues” shall have the same meaning as used in 26 U.S.C. § 146(d)(5)(B)(ii), as it existed on January 1, 2009; “State ceiling” shall have the same meaning as used in 26 U.S.C. § 146, as it existed on January 1, 2001; and “2008 Housing Act Volume Cap” means the temporary increase in annual private activity volume cap provided to the state by the Housing and Economic Recovery Act of 2008, Pub. L. No. 110-289.
Frequently Asked Questions About Arkansas § 15-5-601
What does Arkansas Code of 1987 Annotated § 15-5-601 cover?
Section 15-5-601 ("Bonds affected — Definitions.") 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 § 15-5-601?
A common citation format is "Arkansas Code of 1987 Annotated § 15-5-601" (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 § 15-5-601 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.