reglab/housing_qa huggingface dataset:
AR Code § 19-9-410 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 4 - Registered Public Obligations Act of Arkansas|§ 19-9-410. Appointment of agents by issuer

 (a) An issuer may appoint for such term as may be agreed, including for so long as a registered public obligation may be outstanding, corporate or other authenticating agents, transfer agents, registrars, and paying or other agents. The issuer may also specify the terms of their appointment, including their rights, their compensation and duties, limits upon their liabilities, and provision for their payment of liquidated damages in the event of breach of certain of the duties imposed. These liquidated damages may be made payable to the issuer, the owner, or a financial intermediary. None of such agents need have an office or do business within this state.  (b) An issuer may agree with custodian banks and financial intermediaries, and nominees of any of them, in connection with the establishment and maintenance by others of a central depository system for the transfer of pledge of registered public obligations. Any such custodian banks and financial intermediaries, and nominees, may, if qualified and acting as fiduciaries, also serve as authenticating agents, transfer agents, registrars, or paying or other agents of the issuer with respect to the same issue of registered public obligations.  (c) Nothing shall preclude the issuer from itself performing, either alone or jointly with other issuers, any transfer, registration, authentication, payment, or other function described in this section.
AR Code § 19-9-411 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 4 - Registered Public Obligations Act of Arkansas|§ 19-9-411. Payment of costs

 (a) An issuer, prior to or at original issuance of registered public obligations, may provide as a part of a system of registration that the transferor or transferee of the registered public obligations pay all or a designated part of the costs of the system as a condition precedent to transfer, that costs be paid out of proceeds of the registered public obligations, or that both methods be used. The portion of the costs of the system not provided to be paid for by the transferor or transferee or out of proceeds shall be the liability of the issuer.  (b) The issuer may, as a part of a system of registration, provide for reimbursement or for satisfaction of its liability by payment by others. The issuer may:  (1) Enter into agreements with others respecting such reimbursement or payment;  (2) Establish fees and charges pursuant to such agreements or otherwise; and  (3) Provide that the amount or estimated amount of such fees and charges shall be reimbursed or paid from the same sources and by means of the same collection and enforcement procedures and with the same priority and effect as with respect to the obligations.
AR Code § 19-9-412 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 4 - Registered Public Obligations Act of Arkansas|§ 19-9-412. Reciprocal recognition for obligations

 Obligations issued by public entities under the laws of one (1) or more states, territories, possessions, or the District of Columbia, which are in registered form, whether or not represented by an instrument, and which, except for their form, satisfy the requirements with regard to security for deposits of moneys of public agencies prescribed pursuant to any law of this state, shall be deemed to satisfy all such requirements, even though they are in registered form, if a security interest in such obligations is perfected on behalf of the public agencies whose moneys are so deposited.
AR Code § 19-9-413 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 4 - Registered Public Obligations Act of Arkansas|§ 19-9-413. Registration records

 (a) Records, with regard to the ownership of or security interest in registered public obligations, are not subject to inspection or copying under any law of this state relating to the right of the public to inspect or copy public records, notwithstanding any law to the contrary.  (b) Registration records of the issuer may be maintained at such locations within or without this state as the issuer shall determine.
AR Code § 19-9-414 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 4 - Registered Public Obligations Act of Arkansas|§ 19-9-414. Exemption of interest from taxation

 The state covenants with the owners of any registered public obligations that it will not amend or repeal this subchapter if the effect may be to impair the exemption from income taxation of interest on registered public obligations.
AR Code § 19-9-501 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 5 - Revenue Bond Reporting Act|§ 19-9-501. Title

 This subchapter may be known and cited as the “Revenue Bond Reporting Act”.
AR Code § 19-9-502 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 5 - Revenue Bond Reporting Act|§ 19-9-502. Annual report

 (a) All state and local agencies, boards, commissions, institutions of higher education, and authorities authorized by the state and cities and counties shall annually file a report with the State Board of Finance, on or before October 1, reflecting any and all revenue bonds which have been issued and have not been liquidated as of the preceding July 1 by such governmental units.  (b) The report shall contain:  (1) The purpose for which the revenue bonds were issued;  (2) The total dollar amount issued;  (3) The percentage interest rate payable under the revenue bonds;  (4) The total dollar amount outstanding;  (5) The repayment schedule; and  (6) The source, type, and amount of pledged revenues for the bonds.    (c) The Secretary of the State Board of Finance shall compile a summary report of all revenue bonds from information provided under this section and present the summary report to the Legislative Council as soon as practicable after each October 1.
AR Code § 19-9-601 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 6 - Revenue Bond Act of 1987|§ 19-9-601. Title

 This subchapter shall be referred to and may be cited as the “Revenue Bond Act of 1987”.
AR Code § 19-9-602 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 6 - Revenue Bond Act of 1987|§ 19-9-602. Legislative determination

 The people of the State of Arkansas, by the adoption of Arkansas Constitution, Amendment 65, have expressed their intention to provide governmental units expanded power and authority with respect to the creation of bonded indebtedness for capital improvements of a public nature, facilities for the securing and developing of industry or agriculture, and other purposes as defined and prescribed by the General Assembly.
AR Code § 19-9-603 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 6 - Revenue Bond Act of 1987|§ 19-9-603. Legislative intent

 It is the specific intent of this subchapter that the provisions hereof are procedural only and are supplemental to other constitutional or statutory provisions now existing or hereafter adopted which may authorize the issuance of revenue bonds for the financing of capital improvements. Nothing contained in this subchapter shall be deemed to be a restriction or limitation upon alternative means of financing previously available or hereafter made available to municipalities or counties for the purposes set forth in this subchapter.
AR Code § 19-9-605 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 6 - Revenue Bond Act of 1987|§ 19-9-605. Construction

 This subchapter shall be construed liberally to effectuate the legislative intent and the purposes of this subchapter as complete and independent authority for the performance of each and every act and thing authorized in this subchapter. All powers granted in this subchapter shall be broadly interpreted to effectuate that intent and those purposes and not as a limitation of powers.
AR Code § 19-9-606 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 6 - Revenue Bond Act of 1987|§ 19-9-606. Proclamation, order, etc., authorizing issuance of bonds

 (a) Whenever a governmental unit shall determine the need to issue revenue bonds for capital improvements of a public nature or industrial enterprise, the governing body shall authorize the issuance of those bonds by proclamation, order, ordinance, or resolution clearly stating the principal amount of and the purpose or purposes for which the bonds are to be issued.  (b) Only upon the proclamation, order, ordinance, or resolution of the governing body shall the governmental unit be authorized to issue such bonds, provided that no proclamation, order, ordinance, or resolution shall be required for the issuance of refunding bonds, including refunding bonds where the principal amount of the new bonds to be issued exceeds the outstanding principal amount of the prior bonds or notes to be refunded.
AR Code § 19-9-607 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 6 - Revenue Bond Act of 1987|§ 19-9-607. Hearing

 (a) No proclamation, order, or ordinance prescribed by § 19-9-606 shall be entered by a governing body until the governing body, the governmental unit, or the delegate of either shall have conducted a public hearing:  (1) In the case of a regional water distribution district, regional wastewater district, or regional solid waste management district issuing bonds, in the county seat of the county that has the greatest amount of territory within the district;  (2) In the case of a city or county issuing bonds, within the city or county; or  (3) In the locality to be affected by the issuance of the bonds if subdivisions (a)(1) and (2) of this section are not applicable.    (b) At least ten (10) days before the date set for the public hearing, notice of the hearing shall be published one (1) time in a newspaper of general circulation:  (1) In the locality to be affected; or  (2) In the case of a regional water distribution district, regional wastewater district, or regional solid waste management district, in a newspaper of general circulation in each county in which land lies within the boundaries of the district.    (c) The notice shall:  (1) Contain a general description of the purpose or purposes for which the bonds are to be issued;  (2) Contain the maximum principal amount of the bonds; and  (3) State the date, time, and place of the public hearing.
AR Code § 19-9-701 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 7 - Taxable Bond Act of 1989|§ 19-9-701. Title

 This subchapter shall be referred to as, and may be cited as, the “Taxable Bond Act of 1989”.
AR Code § 19-9-702 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 7 - Taxable Bond Act of 1989|§ 19-9-702. Legislative findings

 The General Assembly hereby finds and declares:   (1) The United States Supreme Court, in the case of South Carolina v. Baker, decided April 20, 1988, 485 U.S. 505, held that no barrier exists under the United States Constitution to the imposition of federal income taxation on interest received by holders of bonds of governmental units. Such exemption from federal income taxation has been a desirable feature of such bonds, operating to reduce interest expense to governmental units and enhancing the marketability of the bonds;  (2) The continued ability of governmental units to provide for the financing of public improvements and other projects and programs which serve important public purposes by the issuance of bonds is essential for the health, welfare, and economic well-being of the people of the State of Arkansas;  (3) By the adoption of the Internal Revenue Code of 1986, as amended, the United States Congress has substantially limited the purposes for which bonds may be issued with interest exempt from federal income taxation and imposed other restrictive provisions as a condition of such exemption. Additionally, under the authority of South Carolina v. Baker, the United States Congress may be expected to enact other laws and effect changes in federal tax policy to eliminate or further reduce the exemption of interest on bonds of governmental units from federal income taxation, with the result that, to provide financing for public purposes, governmental units may now find it in their best interests to issue bonds the interest on which is not exempt from federal income taxation;  (4) Under the Arkansas Constitution and existing laws of this state, governmental units have had, and continue to have, the power to issue bonds without respect to whether the interest thereon is subject to federal income taxation; but many statutes applicable to governmental units lack effective, modern procedures under which the structure of a taxable financing may comply with current market practices, obtain the lowest effective borrowing cost, or provide terms most suitable to the governmental unit, the project, or the financing program; and  (5) The purposes sought to be achieved by this subchapter are to provide governmental units with all means necessary to obtain financing for public purposes under the changing circumstances related to future tax policy of the federal government and to supplement and complement the provisions of existing and future laws authorizing the issuance of bonds, to the end that governmental units may provide for the health, safety, and welfare of the people by the issuance of bonds under terms and conditions necessary under the then-existing conditions.
AR Code § 19-9-703 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 7 - Taxable Bond Act of 1989|§ 19-9-703. Definitions

 As used in this subchapter, unless the content otherwise requires:   (1) “Act” means this subchapter.  (2) “Bonds” means any bonds, issued pursuant to the Arkansas Constitution and pursuant to an act of the General Assembly heretofore or hereafter enacted, and means all debentures, notes, warrants, tax anticipation notes, bond anticipation notes, commercial paper, or other evidence of indebtedness or leases, installment purchase contracts, or other agreements or certificates of participation therein issued by or on behalf of a governmental unit, secured by revenues from any special fund or source or assessments for local improvements and taxes;  (3) “Foreign currency” means currency, euros, or money other than the legal tender of the United States;  (4) “Governmental unit” means the State of Arkansas, any department, board, commission, or other agency or instrumentality of the state, or any county, municipality, school district, regional water distribution district, improvement district, public trust, or other political subdivision of the state, heretofore or hereafter created, or any board, commission, authority, or other public agency or instrumentality of a governmental unit which is now or hereafter authorized by law to issue bonds. Nothing herein shall be deemed to give any department, board, commission, or other agency of the state any additional authority to issue bonds or take any action independently and without acting by or through the State Board of Finance if the participation of the State Board of Finance is otherwise required by the law under authority of which the bonds are issued;  (5) “State” means the State of Arkansas; and  (6) “Taxable bonds” means bonds the interest on which is not, in any manner, exempt from federal income taxation or excludable from gross income for federal income tax purposes.
AR Code § 19-9-704 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 7 - Taxable Bond Act of 1989|§ 19-9-704. Subchapter supplemental — Effect on other state laws or on previously issued bonds

 (a) This subchapter is supplemental to all other provisions of state law governing the issuance of bonds by any governmental unit and, except as otherwise provided in this subchapter, the provisions of state law governing the issuance of bonds by any governmental unit shall continue to apply to the issuance by such governmental unit of taxable bonds.  (b) Nothing herein shall be deemed to broaden or otherwise alter any provisions of state law as they relate to the issuance of the bonds the interest on which is, in some manner, exempt or excludable from federal income taxation.  (c) The reference herein to law providing authority for issuance of bonds shall mean laws now in effect and as hereafter enacted or amended by the General Assembly.  (d) Nothing contained herein shall be construed to impugn the validity of any taxable bonds heretofore issued.
AR Code § 19-9-705 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 7 - Taxable Bond Act of 1989|§ 19-9-705. Construction

 The provisions of this subchapter shall be liberally construed in order to effectively carry out the purposes of this subchapter.
AR Code § 19-9-706 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 7 - Taxable Bond Act of 1989|§ 19-9-706. Issuance of bonds authorized

 A governmental unit is hereby authorized to issue taxable bonds for any purpose permitted by the law heretofore or hereafter enacted under authority of which such taxable bonds are issued, whether such purposes are set forth in each law by specific category or by a general authorization to accomplish public purposes.
AR Code § 19-9-708 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 7 - Taxable Bond Act of 1989|§ 19-9-708. Sale

 The bonds may be sold at public or private sale. If the governing unit shall determine that a negotiated sale of the taxable bonds is in the best interest of the governmental unit, the governmental unit may negotiate for the sale of the taxable bonds.
AR Code § 19-9-709 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 7 - Taxable Bond Act of 1989|§ 19-9-709. Proceeds — Use

 (a) The proceeds of an issue of taxable bonds and the investment earnings thereon shall be used, in the manner, and to the extent specified in the ordinance or resolution providing for the issuance of the bonds, by the governmental unit issuing the bonds for a purpose specified for the issuance of bonds in the law under authority of which the bonds are issued.  (b) Notwithstanding subsection (a) of this section, invested or reinvested proceeds of an issue of taxable bonds shall be deemed to have been expended for a purpose specified for the issuance of bonds in the law under authority of which the bonds are issued if the earnings thereon and proceeds of liquidation of the investments are acquired with such proceeds, to the extent that they are:  (1) Applied to pay or service debt service on the bonds; or  (2) Applied toward such a purpose.    (c) When the bond proceeds of taxable bonds are invested or reinvested by the governmental unit in obligations permitted by this subchapter, the issuance of the taxable bonds shall be deemed to be for a public purpose, provided, the net proceeds of such investment or reinvestment, after sufficient provision is made for debt service on the bonds, are then applied to a purpose for which the governmental unit has authority to issue bonds and the governmental unit has determined upon appropriate findings of fact that such application of net proceeds is for a public purpose which the governmental unit is authorized or empowered to perform.
AR Code § 19-9-710 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 9 - Public Obligations|Subchapter 7 - Taxable Bond Act of 1989|§ 19-9-710. Refunding bonds

 Notwithstanding any provisions of state law relating to the investment or reinvestment of surplus funds of any governmental unit or any more restrictive provisions of the law under authority of which the bonds are issued, the proceeds of taxable bonds issued to refund or advance refund a prior issue or issues of bonds may be invested in securities or obligations described in the ordinance or resolution providing for the issuance of such refunding bonds.
AR Code § 19-10-101 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 10 - Claims Against the State|Subchapter 1 - General Provisions|§ 19-10-101. Investigatory powers

 (a)  (1) As soon as the Secretary of the Department of Finance and Administration learns of facts from which the secretary concludes that a claim may be filed under this chapter against the state or a state agency, the secretary shall investigate and take evidence concerning the claim.  (2) The secretary's duty under subdivision (a)(1) of this section applies whether or not the claim has already been filed at the time the secretary learns the relevant facts upon which the secretary bases his or her conclusion.  (3) Subdivision (a)(1) of this section does not apply to a claim for personal injury or death of a state employee.    (b) To carry out his or her duties under this section, the secretary may exercise all necessary investigatory powers conferred upon him or her by this chapter.  (c) All information acquired by the secretary under this section shall be made available to the Arkansas State Claims Commission before the hearing and determination of the claim.
AR Code § 19-10-102 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 10 - Claims Against the State|Subchapter 1 - General Provisions|§ 19-10-102. Legal representative for state agencies

 (a)  (1) An attorney for a state agency against which a claim is filed shall represent his or her respective state agency before the Arkansas State Claims Commission.  (2) The Attorney General shall represent all state agencies that have no special legal representatives before the Arkansas State Claims Commission.    (b) Legal representation for a public employer before the Workers' Compensation Commission shall be in the manner prescribed in § 21-5-606.
AR Code § 19-10-103 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 10 - Claims Against the State|Subchapter 1 - General Provisions|§ 19-10-103. State employee not to represent claimant

 The following shall not appear before the Arkansas State Claims Commission or the Workers' Compensation Commission as an attorney or representative for a claimant in the presentation or prosecution of a claim filed under this chapter:   (1) A full-time employee of:  (A) The State of Arkansas; or  (B) A state agency; or    (2) A member of a state agency.
AR Code § 19-10-104 (2020)
2020 Arkansas Code|Title 19 - Public Finance|Chapter 10 - Claims Against the State|Subchapter 1 - General Provisions|§ 19-10-104. Claims for late or lost warrants

 Before approving a claim for reissuance of a state warrant that has been lost or presented for payment after expiration of the legal date for redemption, the Arkansas State Claims Commission shall request proof from the Auditor of State that:   (1) The original warrant was legally canceled because of late redemption presentation; or  (2) In the case of a lost warrant, an official warrant cancellation procedure has been exercised.