Arkansas Development Finance Authority Bond Guaranty Act of 1985

  1. Law
  2. Arkansas Code
  3. Natural Resources and Economic Development
  4. Development Of Economic And Natural Resources Generally
  5. Arkansas Development Finance Authority
  6. Arkansas Development Finance Authority Bond Guaranty Act of 1985

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Section
15-5-401

Title

Section
15-5-402

Legislative findings and declaration of public necessity

Section
15-5-403

Definitions

Section
15-5-404

Power of authority to grant or deny guaranty bonds

Section
15-5-405

When bonds may be guaranteed

Section
15-5-406

Standards and rules for evaluations

Section
15-5-407

Bond Guaranty Reserve Account — Investment of funds

Section
15-5-408

Evidence to support guaranty — Premium payment

Section
15-5-409

Review of applications

Section
15-5-410

No private right against authority under §§ 15-5-408 and 15-5-409

Section
15-5-411

Grants to fund

Section
15-5-412

Guaranty agreement provision

Section
15-5-413

Rules — Remedies

Section
15-5-414

Authority to use money committed to other projects

Section
15-5-415

Issuance of bonds to provide additional moneys

Section
15-5-416

Authorizing resolution

Section
15-5-417

Trust indenture

Section
15-5-418

Execution of bonds and coupons — Temporary notes or bonds

Section
15-5-419

Sale of bonds — Statement on face of bond

Section
15-5-420

Obligation of authority — Disposition of proceeds

Section
15-5-421

Bond debt service amount

Section
15-5-422

Moneys for Correction Facilities Construction Fund