{"data":{"id":"us-ar/ark.-code-ann.-6-61-1013","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 6-61-1013","heading":"Authority of board of trustees - Refunding bonds","body":"(a) The board of trustees has the power to and is authorized to refinance, in whole or in part, from time to time, its valid outstanding obligations issued under this subchapter and any amendments hereto. (b) (1) To that end, the board of trustees may issue refunding bonds. (2) This power may be exercised successively, and any obligations which have once been refunded may thereafter from time to time be refunded. (3) Refunding bonds shall be issued in the same manner as provided in this subchapter for original obligations. Acts 1993, No. 374, § 14.\n\n(a) The board of trustees has the power to and is authorized to refinance, in whole or in part, from time to time, its valid outstanding obligations issued under this subchapter and any amendments hereto.\n\n(b) (1) To that end, the board of trustees may issue refunding bonds. (2) This power may be exercised successively, and any obligations which have once been refunded may thereafter from time to time be refunded. (3) Refunding bonds shall be issued in the same manner as provided in this subchapter for original obligations.\n\n(1) To that end, the board of trustees may issue refunding bonds.\n\n(2) This power may be exercised successively, and any obligations which have once been refunded may thereafter from time to time be refunded.\n\n(3) Refunding bonds shall be issued in the same manner as provided in this subchapter for original obligations.","path":["AR Code","Title 6","Chapter 61","Subchapter 10"],"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":"b1a2b19491a188b2711a9cc3d15b1293b3d798f7fff94e1af286006be0df6cc6","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-6-61-1012","next":"us-ar/ark.-code-ann.-6-61-1014","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."}