GroundRules
Ark. Code Ann. § 27-88-105: Form of bonds
Where this section sits in the code
- AR Code
- Title 27
- Chapter 88
(a) The bonds shall be in such form and denomination, have such dates and maturities not exceeding forty (40) years from their date, bear interest payable at such times and rates, be payable at such places within or without the state, and contain such provisions as to registration of ownership if the State Highway Commission thinks registration is desirable, all as the commission shall determine.
(b) The bonds shall be signed with the facsimile or lithographed signature of the Chair of the State Highway Commission and with the manual signature of the secretary of the commission.
(c) The coupons attached thereto shall be signed with the facsimile or lithographed signature of the chair of the commission.
(d) The delivery of the bonds so executed shall be valid, notwithstanding any change in the officers occurring after their execution.
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