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Section 14-164-518 - Bonds - Payment — Arkansas Law | CourtGPT
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  7. Subchapter 5 - Economic and Industrial Development Revenue Bond Law/
  8. Section 14-164-518 - Bonds - Payment
Arkansas Legal Code

Section 14-164-518 - Bonds - Payment

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The principal of and interest on the revenue bonds, and paying agent's fees, shall be payable in the first instance from gross revenues derived from the lands, buildings, or facilities acquired, constructed, reconstructed, extended, or improved, in whole or in part, with the proceeds of the bonds.Acts 1985, No. 1017, § 6; A.S.A. 1947, § 13-1278.

The principal of and interest on the revenue bonds, and paying agent's fees, shall be payable in the first instance from gross revenues derived from the lands, buildings, or facilities acquired, constructed, reconstructed, extended, or improved, in whole or in part, with the proceeds of the bonds.Acts 1985, No. 1017, § 6; A.S.A. 1947, § 13-1278.