Statutes > Arkansas Statutes > Title 14 - Local Government > Subtitle 4 - Public Finance Generally > Chapter 72 - Bonds Of Counties, Cities, And Towns > Subchapter 2 - Refunding Bonds of Counties Generally > § 14-72-202 - Form of bonds -- Rights and remedies.

§ 14-72-202 - Form of bonds -- Rights and remedies.

14-72-202. Form of bonds -- Rights and remedies.

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.