{"data":{"id":"us-ar/ark.-code-ann.-19-9-201","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 19-9-201","heading":"Authority of State Board of Finance","body":"The State Board of Finance is authorized to: (1) Take such action as may be provided by law for the issuance of refunding bonds for outstanding obligations to the State of Arkansas; (2) Issue replacement bonds, either typewritten, printed, or lithographed, for lost, mislaid, destroyed, or stolen bonds of the State of Arkansas in the manner and within the limitations provided by § 19-9-102 ; (3) Take such action as may appear necessary or desirable to collect any funds which may have been in the hands of paying agents for a period of three (3) years or longer and to invest any funds so collected in the manner provided by §§ 19-9-103 - 19-9-105 ; and (4) Take such other action, not inconsistent with law, as may appear necessary or desirable to: (A) Retire the direct bonded debt of the State of Arkansas in an orderly manner; (B) Safeguard state funds pledged for the payment of such obligations; and (C) Maintain and improve the credit standing of the State of Arkansas. Acts 1955, No. 338, § 11; 1965 (1st Ex. Sess.), No. 12, § 13; A.S.A. 1947, § 13-411.\n\nThe State Board of Finance is authorized to:\n\n(1) Take such action as may be provided by law for the issuance of refunding bonds for outstanding obligations to the State of Arkansas;\n\n(2) Issue replacement bonds, either typewritten, printed, or lithographed, for lost, mislaid, destroyed, or stolen bonds of the State of Arkansas in the manner and within the limitations provided by § 19-9-102 ;\n\n(3) Take such action as may appear necessary or desirable to collect any funds which may have been in the hands of paying agents for a period of three (3) years or longer and to invest any funds so collected in the manner provided by §§ 19-9-103 - 19-9-105 ; and\n\n(4) Take such other action, not inconsistent with law, as may appear necessary or desirable to: (A) Retire the direct bonded debt of the State of Arkansas in an orderly manner; (B) Safeguard state funds pledged for the payment of such obligations; and (C) Maintain and improve the credit standing of the State of Arkansas.\n\n(A) Retire the direct bonded debt of the State of Arkansas in an orderly manner;\n\n(B) Safeguard state funds pledged for the payment of such obligations; and\n\n(C) Maintain and improve the credit standing of the State of Arkansas.","path":["AR Code","Title 19","Chapter 9","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 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"0f37b59e6b42cda92b03759ac6302ca01f611dfdb956933e45a78f367542077b","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-19-9-105","next":"us-ar/ark.-code-ann.-19-9-202"},"notice":"GroundRules: Original legal text. Not legal advice."}