{"data":{"id":"us-ar/ark.-code-ann.-14-144-301","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 14-144-301","heading":"Issuance of revenue bonds - Authorization","body":"(a) A research park authority may use any available revenues for the accomplishment of the purposes and the implementation of the powers authorized by this chapter, including the proceeds of revenue bonds issued from time to time under this chapter, either alone or together with other available funds and revenues. (b) The amount of each issue of bonds may be sufficient to pay: (1) The costs of accomplishing the purposes for which the bonds are being issued; (2) The cost of issuing the bonds; (3) The amount necessary for a reserve, if it is determined to be desirable in favorably marketing the bonds; (4) The amount, if any, necessary to provide for debt service on the bonds until revenues for the payment of the bonds are available; and (5) Any other costs and expenditures of whatever nature incidental to the accomplishment of the specified purposes. Acts 2007, No. 1045, § 1.\n\n(a) A research park authority may use any available revenues for the accomplishment of the purposes and the implementation of the powers authorized by this chapter, including the proceeds of revenue bonds issued from time to time under this chapter, either alone or together with other available funds and revenues.\n\n(b) The amount of each issue of bonds may be sufficient to pay: (1) The costs of accomplishing the purposes for which the bonds are being issued; (2) The cost of issuing the bonds; (3) The amount necessary for a reserve, if it is determined to be desirable in favorably marketing the bonds; (4) The amount, if any, necessary to provide for debt service on the bonds until revenues for the payment of the bonds are available; and (5) Any other costs and expenditures of whatever nature incidental to the accomplishment of the specified purposes.\n\n(1) The costs of accomplishing the purposes for which the bonds are being issued;\n\n(2) The cost of issuing the bonds;\n\n(3) The amount necessary for a reserve, if it is determined to be desirable in favorably marketing the bonds;\n\n(4) The amount, if any, necessary to provide for debt service on the bonds until revenues for the payment of the bonds are available; and\n\n(5) Any other costs and expenditures of whatever nature incidental to the accomplishment of the specified purposes.","path":["AR Code","Title 14","Chapter 144","Subchapter 3"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-17","retrieved_at":"2026-09-17T21:35:43Z","sha256":"b2939f2aa378632ebf26e1f5509d234da2afc413df6654e038a2eefbc3d4dc48","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-14-144-209","next":"us-ar/ark.-code-ann.-14-144-302","notices":[{"id":"open-us-law","title":"Open US Law compilation","text":"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.","url":"https://huggingface.co/datasets/vaquill/open-us-law","license_url":"https://creativecommons.org/licenses/by/4.0/"},{"id":"pro-ar","title":"Arkansas Release 78 supplement","text":"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.","url":"https://archive.org/details/gov.ar.code"}]},"notice":"GroundRules: Original legal text. Not legal advice."}