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 > § 15-22-606 - Bonds -- Principal amount.

§ 15-22-606 - Bonds -- Principal amount.

15-22-606. Bonds -- Principal amount.

The total principal amount of bonds to be issued during any fiscal biennium shall not exceed fifteen million dollars ($15,000,000), unless the General Assembly by law shall have authorized a greater principal amount of bonds to be issued during a fiscal biennium.