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Current as of March 28, 2024 | Updated by Findlaw Staff
Prior to expenditure of the proceeds from the issuance of the bonds, the proceeds from the issuance of the bonds shall be held, maintained, and invested by the trustee as provided in a resolution of the commission or as provided in a trust indenture securing the bonds.
Cite this article: FindLaw.com - Arkansas Constitution of 1874 Amendment 91, § 14. Investment of proceeds - last updated March 28, 2024 | https://codes.findlaw.com/ar/arkansas-constitution-of-1874/ar-const-amend-91-sect-14/
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