§ 1. Issuance - Terms and conditions.
§ 4. Authority exclusive - Interest - Initiative and referendum.
Publisher's Notes. This amendment was proposed by initiative petition filed in the office of the Secretary of State on July 4, 1986. It was adopted at the general election on Nov. 4, 1986, by a vote of 318,894 for and 275,877 against.
Ark. Const. Amend. 65, § 6, provided, in part, that the provisions of the amendment are self-executing.
This amendment may supersede Ark. Const., Art. 16, § 1, with respect to prohibitions against bond issuance and Ark. Const. Amends. 20 and 62, with respect to requirements for electoral approval.