{"data":{"id":"us-ar/ark.-code-ann.-14-163-210","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 14-163-210","heading":"Bonds - Terms and conditions","body":"(a) The bonds shall be coupon bonds payable to bearer, but may be made subject to registration as to principal only. (b) As the authorizing ordinance may provide, the bonds may: (1) Be in one (1) or more series; (2) Bear such date or dates; (3) Mature at such time or times, not exceeding thirty-five (35) years from their respective dates; (4) Bear interest at such rate or rates; (5) Be in such form; (6) Be executed in such manner; (7) Be payable in such medium of payment, at such place or places; (8) Be subject to such terms of redemption; and (9) Contain such terms, covenants, and conditions, including without limitation, those pertaining to: (A) The custody and application of the proceeds of the bonds; (B) The collection and disposition of revenues and tax collections; (C) The maintenance and investment of various funds and reserves; (D) The nature and extent of the security; (E) The rights, duties, and obligations of the city and of the trustee, if a trustee is designated, for the holders and registered owners of the bonds; and (F) The rights of the holders or registered owners of the bonds. (c) Bonds issued under this subchapter shall have all the qualities of negotiable instruments under the negotiable instruments laws of the State of Arkansas. Acts 1963, No. 206, § 7; 1970 (Ex. Sess.), No. 60, §§ 1, 2; 1975, No. 225, § 4; 1981, No. 425, § 4; A.S.A. 1947, § 19-3107.\n\n(a) The bonds shall be coupon bonds payable to bearer, but may be made subject to registration as to principal only.\n\n(b) As the authorizing ordinance may provide, the bonds may: (1) Be in one (1) or more series; (2) Bear such date or dates; (3) Mature at such time or times, not exceeding thirty-five (35) years from their respective dates; (4) Bear interest at such rate or rates; (5) Be in such form; (6) Be executed in such manner; (7) Be payable in such medium of payment, at such place or places; (8) Be subject to such terms of redemption; and (9) Contain such terms, covenants, and conditions, including without limitation, those pertaining to: (A) The custody and application of the proceeds of the bonds; (B) The collection and disposition of revenues and tax collections; (C) The maintenance and investment of various funds and reserves; (D) The nature and extent of the security; (E) The rights, duties, and obligations of the city and of the trustee, if a trustee is designated, for the holders and registered owners of the bonds; and (F) The rights of the holders or registered owners of the bonds.\n\n(1) Be in one (1) or more series;\n\n(2) Bear such date or dates;\n\n(3) Mature at such time or times, not exceeding thirty-five (35) years from their respective dates;\n\n(4) Bear interest at such rate or rates;\n\n(5) Be in such form;\n\n(6) Be executed in such manner;\n\n(7) Be payable in such medium of payment, at such place or places;\n\n(8) Be subject to such terms of redemption; and\n\n(9) Contain such terms, covenants, and conditions, including without limitation, those pertaining to: (A) The custody and application of the proceeds of the bonds; (B) The collection and disposition of revenues and tax collections; (C) The maintenance and investment of various funds and reserves; (D) The nature and extent of the security; (E) The rights, duties, and obligations of the city and of the trustee, if a trustee is designated, for the holders and registered owners of the bonds; and (F) The rights of the holders or registered owners of the bonds.\n\n(A) The custody and application of the proceeds of the bonds;\n\n(B) The collection and disposition of revenues and tax collections;\n\n(C) The maintenance and investment of various funds and reserves;\n\n(D) The nature and extent of the security;\n\n(E) The rights, duties, and obligations of the city and of the trustee, if a trustee is designated, for the holders and registered owners of the bonds; and\n\n(F) The rights of the holders or registered owners of the bonds.\nB) The collection and disposition of revenues and tax collections;\n\n(C) The maintenance and investment of various funds and reserves;\n\n(D) The nature and extent of the security;\n\n(E) The rights, duties, and obligations of the city and of the trustee, if a trustee is designated, for the holders and registered owners of the bonds; and\n\n(F) The rights of the holders or registered owners of the bonds.\n\n(c) Bonds issued under this subchapter shall have all the qualities of negotiable instruments under the negotiable instruments laws of the State of Arkansas.","path":["AR Code","Title 14","Chapter 163","Subchapter 2"],"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":"929201acac070a6839240412a191ee491dddb061fe0ba778f1e4a6be004cd0e2","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-14-163-209","next":"us-ar/ark.-code-ann.-14-163-211","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."}