Bonds — Successive issues

Ark. Code Ann. § 14-164-515, under Industrial Development Bonds.

Ark. Code Ann. § 14-164-515

There may be successive bond issues for the purpose of financing the same industrial facilities, involving one (1) or more industries, and there may be successive bond issues for financing the cost of reconstructing, replacing, constructing additions to, extending, improving, and equipping industrial facilities already in existence, whether or not originally financed by bonds issued under this subchapter, with each successive issue to be authorized as provided by this subchapter.