§ 14-163-211 - Bonds -- Trust indenture. - Arkansas Statutes

14-163-211. Bonds -- Trust indenture.

Each ordinance authorizing the issuance of bonds may provide for the execution of an indenture defining the rights of the holders and registered owners of the bonds and providing for the appointment of a trustee for the holders and registered owners of the bonds and containing such other terms, covenants, and conditions as authorized in this section to be included in the ordinance.