The refunding bonds:(1) Shall be negotiable instruments;(2) May have coupons evidencing interest, payable annually or semiannually; and(3) Shall have all the rights of security and remedies for collection that are provided for the original bonds issued by the county.Acts 1935, No. 102, § 2; Pope's Dig., § 11319; A.S.A. 1947, § 13-1221.
Arkansas Legal Code