Statutes > Arkansas Statutes > Title 6 - Education > Subtitle 6 - Postsecondary Education -- Financial Assistance Programs > Chapter 81 - Student Loans > Subchapter 1 - General Provisions > § 6-81-108 - Bonds, notes, etc. -- Governor's consent.

§ 6-81-108 - Bonds, notes, etc. -- Governor's consent.

6-81-108. Bonds, notes, etc. -- Governor's consent.

The powers of the Arkansas Student Loan Authority created by this subchapter are limited in that no bonds which are to be issued pursuant to this subchapter shall be sold until the bond issue has the written approval of the Governor after he or she has received the advice of the Legislative Council.