AR Case Law

Andres v. First Arkansas Development Finance Corp., 230 Ark. 594 (1959)
Category: AR
Sub-category: Case Law
This citizen’s suit challenged the Arkansas Development Finance Corporation Act on the grounds that it violated state constitutional provisions prohibiting the lending of state credit. The court held that the citizen didn’t have standing, and that the act was constitutional.
Murphy v. Epes, 283 Ark. 517 (1984)
Category: AR
Sub-category: Case Law

Taxpayer sought to enjoin the Arkansas Housing Development Agency from issuing single family mortgage bonds and multi-family mortgage bonds. Held: The bonds here in question were obligations only of the AHDA, and did not constitute an indebtedness of the State of Arkansas.Act 427 was not in violation of Article 16, Section 1 or Amendment 20 of the Arkansas Constitution, and the revenue bonds to be issued by the AHDA were not subject to the requirement of an election. Additionally, the bonds served a valid public purpose because they were for housing.

Pleasant Township v. Aetna Life Ins. Co., 138 U.S. 67 (1891)
Category: ALL
Sub-category: Case Law
In this nineteenth century case, the Court held that an Ohio statute authorizing certain townships to issue bonds for railroad construction violated the state constitution’s prohibition on providing public aid to private corporations.
Advertisements