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14-144-202. Public corporation.

Arkansas Code — all titles (historical 2020) · legal_authorities

14-144-202. Public corporation.

14-144-202. Public corporation. (a) Upon creation of a research park authority: (1) The authority and its members shall: (A) Constitute a public corporation; and (B) Have perpetual succession; and (2) The authority and its members may: (A) Contract and be contracted with; (B) Sue and be sued; and (C) Have and use a common seal. (b) The exercise of the powers and performance of the duties under this chapter by each authority are declared to be public and governmental functions that are exercised for a public purpose and for matters of public necessity and that confer upon each authority governmental immunity from suit in tort.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-144-202

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.

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Record provenance

Stable record: arkansas_code:legal_authorities:14-144-202
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 8ab5fec3e78ba113bb52b0578486f322af86ab9593fd9dbc4a21ac69e1a17751

Source location: content.xml paragraph 36094

Stored source content

14-144-202. Public corporation. (a) Upon creation of a research park authority: (1) The authority and its members shall: (A) Constitute a public corporation; and (B) Have perpetual succession; and (2) The authority and its members may: (A) Contract and be contracted with; (B) Sue and be sued; and (C) Have and use a common seal. (b) The exercise of the powers and performance of the duties under this chapter by each authority are declared to be public and governmental functions that are exercised for a public purpose and for matters of public necessity and that confer upon each authority governmental immunity from suit in tort.

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