Arkansas § 6-20-1216 - Refunding bonds — Authority to use.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-20-1216 — Refunding bonds — Authority to use., with citation guidance and answers to common questions.
§ 6-20-1216. Refunding bonds — Authority to use.
Any school district of Arkansas shall have the right, subject to procedural rules adopted by the Division of Elementary and Secondary Education, to refund its bonds outstanding at any time. Any division rule that would prevent or delay a school district from refunding outstanding bonds may be waived by the Commissioner of Elementary and Secondary Education or the commissioner’s designee provided that the commissioner or the commissioner’s designee determines that it is in the best interest of the school district to proceed with the refunding immediately. This shall include the right to refund any loan it may at any time have outstanding from the Revolving Loan Fund.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 6-20-1216
What does Arkansas Code of 1987 Annotated § 6-20-1216 cover?
Section 6-20-1216 ("Refunding bonds — Authority to use.") 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 § 6-20-1216?
A common citation format is "Arkansas Code of 1987 Annotated § 6-20-1216" (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 § 6-20-1216 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.