Ark. Code § 15-20-1310
Current with legislation from 2024 Fiscal and Special Sessions.
The bonds shall be the direct general obligations of the state for the payment of debt service on which the full faith and credit of the state are irrevocably pledged so long as any such bonds are outstanding. The bonds shall be payable from the general revenues of the state and the amount of general revenues of the state as is necessary, and shall remain pledged to the payment of debt service on the bonds.
Ark. Code § 15-20-1310