Statutes > Arkansas Statutes > Title 15 - Natural Resources and Economic Development > Subtitle 2 - Land And Water Resources Generally > Chapter 22 - Water Resources > Subchapter 7 - Arkansas Waste Disposal and Pollution Abatement Facilities Financing Act of 1987 > § 15-22-706 - Bonds -- Principal amount.

§ 15-22-706 - Bonds -- Principal amount.

15-22-706. Bonds -- Principal amount.

The total principal amount of bonds to be issued during any fiscal biennium shall not exceed fifty million dollars ($50,000,000), unless the General Assembly, by law, shall have authorized a greater principal amount to be issued during a fiscal biennium.