Authorizing resolution and trust indenture. — Arkansas Code § 15-4-409
Arkansas Code § 15-4-409 — Authorizing resolution and trust indenture.. Reproduced from the official Arkansas Code of 1987 Annotated, with a citation summary, verification link, and related provisions.
§ 15-4-409. Authorizing resolution and trust indenture.
Before revenue bonds shall be issued, the Arkansas Economic Development Council shall adopt an authorizing resolution and trust indenture which, together with this subchapter, shall constitute a contract between the council and the holders and registered owners of the bonds. The contract and all covenants, agreements, and obligations therein shall be promptly performed in strict compliance with the terms and conditions of the contracts, and the covenants, agreements, and obligations of the Arkansas Economic Development Commission shall be enforced by mandamus or other appropriate proceedings at law or in equity.
Source: official Arkansas text · Last verified 2026-08-27
At a glance
- Citation: Arkansas Code of 1987 Annotated § 15-4-409
- Jurisdiction: Arkansas
- Code: Arkansas Code of 1987 Annotated
- Subject: Authorizing resolution and trust indenture.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Arkansas Code of 1987 Annotated. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Arkansas attorney.
Common questions
What is the source of Arkansas Code of 1987 Annotated § 15-4-409?
The text above is transcribed from the Arkansas Code of 1987 Annotated, the codified statutes of Arkansas. The official publisher link appears under "Verify the text" on this page.
What subject does Arkansas Code of 1987 Annotated § 15-4-409 address?
It addresses "Authorizing resolution and trust indenture.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Arkansas Code of 1987 Annotated § 15-4-409 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Arkansas source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Arkansas law to your facts requires a licensed Arkansas attorney who can review the specifics.