Arkansas Code Title 27. Transportation § 27-90-208. Sale of bonds

(a) Bonds issued under this subchapter may be sold at public or private sale, as determined by the State Highway Commission.

(b) If sold at public sale, the bonds shall be sold on electronic or sealed bids, and notice of the sale shall be published one (1) time in a newspaper published in the City of Little Rock and having a general circulation throughout the State of Arkansas at least twenty (20) days prior to the date of sale.