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ARKANSAS STATUTES AND CODES

§ 6-81-114 - Bonds, notes, etc. -- Pledge of revenues.

6-81-114. Bonds, notes, etc. -- Pledge of revenues.

The obligations of the Arkansas Student Loan Authority shall be payable from and secured by a pledge of revenues derived from or by reason of ownership of guaranteed educational loan notes and investment income after deduction of expenses of operating the authority's program.

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