The bonds issued under this subchapter shall not be general obligations of the issuer, but shall be special obligations, and in no event shall the bonds constitute an indebtedness of the issuer within the meaning of any constitutional or statutory limitation.Acts 1985, No. 974, § 3; A.S.A. 1947, § 13-1263. The bonds issued under this subchapter shall not be general obligations of the issuer, but shall be special obligations, and in no event shall the bonds constitute an indebtedness of the issuer within the meaning of any constitutional or statutory limitation.Acts 1985, No. 974, § 3; A.S.A. 1947, § 13-1263.
Arkansas Legal Code