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Current as of March 28, 2024 | Updated by Findlaw Staff
In case of destruction of any of the charitable institutions by fire or tornado, the board of trustees is authorized and empowered upon the approval of the Governor to borrow money at a reasonable rate of interest and immediately repair the damage done to the building.
Cite this article: FindLaw.com - Arkansas Code Title 25. State Government § 25-17-103. Charitable institutions--Repair after destruction - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-25-state-government/ar-code-sect-25-17-103/
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