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Arkansas Code Title 6. Education § 6-20-2610. Full faith and credit of state pledged to repay bonds

Current as of March 28, 2024 | Updated by Findlaw Staff

The bonds shall be the direct general obligations of the state for the payment of debt service on which the full faith and credit of the state are irrevocably pledged so long as any such bonds are outstanding. The bonds shall be payable from the general revenues of the state, and the amount of general revenues of the state as is necessary is and shall remain pledged to the payment of debt service on the bonds.

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Cite this article: FindLaw.com - Arkansas Code Title 6. Education § 6-20-2610. Full faith and credit of state pledged to repay bonds - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-6-education/ar-code-sect-6-20-2610/

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