GroundRules
Ark. Code Ann. § 27-90-208: Sale
Where this section sits in the code
- AR Code
- Title 27
- Chapter 90
- Subchapter 2
(a) Bonds issued under this subchapter may be sold at public or private sale, as determined by the State Highway Commission. (b) If sold at public sale, the bonds shall be sold on electronic or sealed bids, and notice of the sale shall be published one (1) time in a newspaper published in the City of Little Rock and having a general circulation throughout the State of Arkansas at least twenty (20) days prior to the date of sale. (c) (1) In either case, the bonds may be sold at a price as the commission may accept, including sale at a premium or a discount. (2) In no event shall any bid or price be accepted which results in an interest cost exceeding that permitted by law. Acts 2003, No. 296, § 5.
(a) Bonds issued under this subchapter may be sold at public or private sale, as determined by the State Highway Commission.
(b) If sold at public sale, the bonds shall be sold on electronic or sealed bids, and notice of the sale shall be published one (1) time in a newspaper published in the City of Little Rock and having a general circulation throughout the State of Arkansas at least twenty (20) days prior to the date of sale.
(c) (1) In either case, the bonds may be sold at a price as the commission may accept, including sale at a premium or a discount. (2) In no event shall any bid or price be accepted which results in an interest cost exceeding that permitted by law.
(1) In either case, the bonds may be sold at a price as the commission may accept, including sale at a premium or a discount.
(2) In no event shall any bid or price be accepted which results in an interest cost exceeding that permitted by law.
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