Bonds — Use of excess costs

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Subject to the provisions of any authorizing resolution or trust indenture securing payment of any bonds outstanding under this subchapter, collections of the costs levied by this subchapter in excess of the amounts necessary to provide for the payment of bonds, including principal and interest, may be used as determined by the Board of Trustees of the University of Arkansas from time to time for accomplishing any purposes set forth in § 6-64-606.


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