§ 27-88-106 - Redemption before maturity. - Arkansas Statutes

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Statutes > Arkansas > Title-27 > Subtitle-6 > Chapter-88 > 27-88-106

27-88-106. Redemption before maturity.

All bonds issued under the provisions of this chapter, maturing on and after ten (10) years from their date, in the discretion of the commission, may contain a provision authorizing their redemption before maturity at the option of the commission in a manner as it may elect at par plus accrued interest, upon notice published for one (1) insertion not more than sixty (60) days and not later than thirty (30) days before the date of such redemption in a newspaper of general circulation published in Little Rock, and in a financial journal published in the Borough of Manhattan, City and State of New York.

State Codes and Statutes

Statutes > Arkansas > Title-27 > Subtitle-6 > Chapter-88 > 27-88-106

27-88-106. Redemption before maturity.

All bonds issued under the provisions of this chapter, maturing on and after ten (10) years from their date, in the discretion of the commission, may contain a provision authorizing their redemption before maturity at the option of the commission in a manner as it may elect at par plus accrued interest, upon notice published for one (1) insertion not more than sixty (60) days and not later than thirty (30) days before the date of such redemption in a newspaper of general circulation published in Little Rock, and in a financial journal published in the Borough of Manhattan, City and State of New York.

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State Codes and Statutes

Statutes > Arkansas > Title-27 > Subtitle-6 > Chapter-88 > 27-88-106

27-88-106. Redemption before maturity.

All bonds issued under the provisions of this chapter, maturing on and after ten (10) years from their date, in the discretion of the commission, may contain a provision authorizing their redemption before maturity at the option of the commission in a manner as it may elect at par plus accrued interest, upon notice published for one (1) insertion not more than sixty (60) days and not later than thirty (30) days before the date of such redemption in a newspaper of general circulation published in Little Rock, and in a financial journal published in the Borough of Manhattan, City and State of New York.