Ark. Code Ann. § 14-234-216: Obligations incurred solely through sale of revenue bonds - Security in condemnation proceedings
Where this section sits in the code
- AR Code
- Title 14
- Chapter 234
- Subchapter 2
No obligation may be incurred by the municipality in the construction or acquisition of the works contemplated by this subchapter or in the condemnation of property in connection therewith, except as shall be payable solely from the funds to be acquired from the sale of revenue bonds of the character authorized by this subchapter. In view of this provision, the court, in condemnation proceedings instituted under this subchapter by the municipality, may make such requirements of security as will serve to protect the landowner.
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