Arkansas § 6-2-110 - Power to borrow for the construction of facilities.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-2-110 — Power to borrow for the construction of facilities., with citation guidance and answers to common questions.
§ 6-2-110. Power to borrow for the construction of facilities.
The governing body of a corporation organized under the provisions of this chapter shall have the power, for and on behalf of the corporation: To borrow money from time to time for construction of facilities for its corporate purposes; To evidence such indebtedness by promissory notes, bonds, or other negotiable evidences of indebtedness; To secure the payment and the interest on the money borrowed by mortgage, pledge, conveyance, or assignment in trust of the whole or any part of the real and personal property of the corporation, whether at the time owned or thereafter acquired; and To sell, pledge, and otherwise dispose of bonds or other obligations of the corporation issued for its corporate purposes.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 6-2-110
What does Arkansas Code of 1987 Annotated § 6-2-110 cover?
Section 6-2-110 ("Power to borrow for the construction of facilities.") 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 § 6-2-110?
A common citation format is "Arkansas Code of 1987 Annotated § 6-2-110" (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 § 6-2-110 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.