{"data":{"id":"us-ar/ark.-code-ann.-26-51-1201","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 26-51-1201","heading":"Definition","body":"As used in this section, § 26-51-1202 , and § 26-51-1203 , \"invested\" includes expenditures made from the proceeds of bonds, including interim notes or other evidence of indebtedness, issued by a municipality, county, or an agency or instrumentality of a municipality, county, or the State of Arkansas, if the obligation to repay the bonds, including interest on the bonds, is a legal, binding obligation, directly or indirectly, of the taxpayer.","path":["AR Code","Title 26","Chapter 51","Subchapter 12"],"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":"803a7be710d5baf27f0e04872a106997fc83b958c798f782a5dcafc02317f346","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-26-51-1106","next":"us-ar/ark.-code-ann.-26-51-1202"},"notice":"GroundRules: Original legal text. Not legal advice."}