Statutes > Arkansas Statutes > Title 6 - Education > Subtitle 2 - Elementary And Secondary Education Generally > Chapter 20 - Finances > Subchapter 12 - District Bonds > § 6-20-1207 - Delivery and payment in installments.

§ 6-20-1207 - Delivery and payment in installments.

6-20-1207. Delivery and payment in installments.

Bonds may be sold to be delivered and paid for in installments estimated to be as funds will be needed by the school district; but if sold on such terms, they shall be plainly stated in the advertisement of the sale, so that all bidders may bid on equal terms.