Statutes > Arkansas Statutes > Title 15 - Natural Resources and Economic Development > Subtitle 2 - Land And Water Resources Generally > Chapter 22 - Water Resources > Subchapter 6 - Arkansas Water Resources Development Act of 1981 > § 15-22-605 - Water resources development bonds -- Authority to issue.

§ 15-22-605 - Water resources development bonds -- Authority to issue.

15-22-605. Water resources development bonds -- Authority to issue.

The Arkansas Natural Resources Commission is authorized to issue bonds of the State of Arkansas, to be known as "State Water Resources Development General Obligation Bonds". For the purposes set forth in this subchapter, the total principal amount of the bonds shall not exceed one hundred million dollars ($100,000,000).