Ark. Code Ann. § 14-123-604: Contracts during pendency of petition

During the pendency of the petition under § 14-123-602 and before the hearing on the petition, the county court may prohibit the commissioners of the district subject to the terms of this subchapter at the time of the filing of the petition from the making of contracts, the pledging of assessments or betterments, the incurring of new indebtedness, or the issuance of bonds or other obligations of the district.