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ARKANSAS STATUTES AND CODES

§ 14-164-518 - Bonds -- Payment.

14-164-518. Bonds -- Payment.

The principal of and interest on the revenue bonds, and paying agent's fees, shall be payable in the first instance from gross revenues derived from the lands, buildings, or facilities acquired, constructed, reconstructed, extended, or improved, in whole or in part, with the proceeds of the bonds.

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