GroundRules
Ark. Code Ann. § 14-187-102: Construction of new improvements
Where this section sits in the code
- AR Code
- Title 14
- Chapter 187
(a) In addition to the power vested by law in boards of improvement, boards described in § 14-187-101 shall have power to construct and to borrow money with which to construct new and additional improvements necessary, convenient, or required for transfer or interchange of any and all commodities.
(b) The board may issue the notes, bonds, or other evidences of indebtedness of the district to evidence this indebtedness. These obligations shall be negotiable although payable only from a certain fund, and may pledge net revenues arising from the operation of the new and additional improvements, assign any leases or contracts of or concerning the new and additional improvements, and mortgage the new and additional improvements to secure the repayment of the borrowed money and interest on it.
Collected 2026-09-17T21:35:43Z. Source file · JSON
Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License
Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source