Ark. Code Ann. § 15-20-1310

Full faith and credit of state pledged to repay bonds

Year: 2026Length: 162 words
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, and shall remain pledged to the payment of debt service on the bonds. Acts 2007, No. 631, § 1. 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, and shall remain pledged to the payment of debt service on the bonds. Acts 2007, No. 631, § 1.
Ark. Code Ann. § 15-20-1310: Full faith and credit of state pledged to repay bonds | Justis AI