Ark. Code Ann. § 14-163-202: Legislative intent

(a) This subchapter is intended to supplement all constitutional provisions and other legislation designed to accomplish the securing and developing of factories, industries, and river transportation.

(b) When applicable, in accordance with the provisions of this subchapter, it may be utilized as an alternative notwithstanding any constitutional provision or any other legislation authorizing the issuance of bonds for the same or similar purposes.