Arkansas § 6-61-1005 - Additional terms of authorizing resolution.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-61-1005 — Additional terms of authorizing resolution., with citation guidance and answers to common questions.
§ 6-61-1005. Additional terms of authorizing resolution.
The authorizing resolution may provide for the execution by the board of trustees of the technical college or the community college with a bank or trust company within or without the State of Arkansas of a trust indenture. The trust indenture may contain terms, covenants, and conditions that are deemed desirable by the board of trustees, including, without limitation, provisions: Authorizing the issuance of bonds in series from time to time; Pertaining to the custody and application of bond proceeds; Pertaining to the maintenance of various funds and reserves; Pertaining to the collection, depositing, securing, and disbursing of tax proceeds and other revenues; Pertaining to the nature and extent of the security; and Pertaining to the rights, duties, and obligations of the local board, the trustees, and the holders and registered owners of the bonds.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 6-61-1005
What does Arkansas Code of 1987 Annotated § 6-61-1005 cover?
Section 6-61-1005 ("Additional terms of authorizing resolution.") 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 § 6-61-1005?
A common citation format is "Arkansas Code of 1987 Annotated § 6-61-1005" (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 § 6-61-1005 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.