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14-169-401. Creation and authority generally.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-169-401. Creation and authority generally.
(a)(1)(A) If the governing body of each of two (2) or more municipalities declares, by resolution, that there is a need for one (1) housing authority for all of the municipalities to exercise in the municipalities the powers and other functions prescribed for a housing authority, a public body corporate and politic to be known as a consolidated housing authority, with such corporate name as it selects, shall thereupon exist for all of the municipalities and exercise its powers and other functions within its area of operation, as defined in this section, including the power to undertake projects in it. Thereupon, any housing authority created for any of the municipalities shall cease to exist except for the purpose of winding up its affairs and executing a deed of its real property to the consolidated housing authority.
(B) The creation of a consolidated housing authority and the finding of need for it shall be subject to the same provisions and limitations of §§ 14-169-101 — 14-169-106, 14-169-223, 14-169-224, 14-169-226, 14-169-228, 14-169-237, 14-169-238, 14-169-301 — 14-169-319, 14-169-401, and 14-169-501 — 14-169-503 applicable to the creation of a regional housing authority, and all of these provisions applicable to regional housing authorities and their commissioners shall be applicable to consolidated housing authorities and their commissioners.
(2)(A) The area of operation of a consolidated housing authority shall include all of the territory within the boundaries of each municipality joining in the creation of the authority, together with the territory within five (5) miles of the boundaries of each municipality.
(B)(i) An area of operation may be changed to include or exclude any municipality with its surro
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-169-401
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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Stable record: arkansas_code:legal_authorities:14-169-401
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 2c66623aec1c1473e5779b0d0b13b4831fbeaa4069c54c98532a15123f22173c
Source location: content.xml paragraph 40520
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14-169-401. Creation and authority generally.
(a)(1)(A) If the governing body of each of two (2) or more municipalities declares, by resolution, that there is a need for one (1) housing authority for all of the municipalities to exercise in the municipalities the powers and other functions prescribed for a housing authority, a public body corporate and politic to be known as a consolidated housing authority, with such corporate name as it selects, shall thereupon exist for all of the municipalities and exercise its powers and other functions within its area of operation, as defined in this section, including the power to undertake projects in it. Thereupon, any housing authority created for any of the municipalities shall cease to exist except for the purpose of winding up its affairs and executing a deed of its real property to the consolidated housing authority.
(B) The creation of a consolidated housing authority and the finding of need for it shall be subject to the same provisions and limitations of §§ 14-169-101 — 14-169-106, 14-169-223, 14-169-224, 14-169-226, 14-169-228, 14-169-237, 14-169-238, 14-169-301 — 14-169-319, 14-169-401, and 14-169-501 — 14-169-503 applicable to the creation of a regional housing authority, and all of these provisions applicable to regional housing authorities and their commissioners shall be applicable to consolidated housing authorities and their commissioners.
(2)(A) The area of operation of a consolidated housing authority shall include all of the territory within the boundaries of each municipality joining in the creation of the authority, together with the territory within five (5) miles of the boundaries of each municipality.
(B)(i) An area of operation may be changed to include or exclude any municipality with its surrounding territory in the same manner and under the same provisions as provided in §§ 14-169-101 — 14-169-106, 14-169-223, 14-169-224, 14-169-226, 14-169-228, 14-169-237, 14-169-238, 14-169-301 — 14-169-319, 14-169-401, and 14-169-501 — 14-169-503 for changing the area of operation of a regional housing authority by including or excluding a contiguous county.
(ii) For all such purposes:
(a) The term “county” shall be construed as meaning “municipality”;
(b) The term “governing body” in §§ 14-169-308 — 14-169-310 shall be construed as meaning “mayor or other executive head of the municipality”; and
(c) The terms “county housing authority” and “regional housing authority” shall be construed as meaning “housing authority of the city or town” and “consolidated housing authority,” respectively, unless a different meaning clearly appears from the context.
(b)(1) The governing body of a municipality for which a housing authority has not been created may adopt the resolution as prescribed in this section if it first declares that there is a need for a housing authority to function in the municipality.
(2) The declaration shall be made in the same manner and subject to the same conditions as the declaration of the governing body of a city required by § 14-169-207 for the purpose of authorizing a housing authority created for a city to transact business and exercise its powers.
(c) Except as otherwise provided in this section, a consolidated housing authority and the commissioners of it shall have, within the area of operation of the consolidated housing authority, the same functions, rights, powers, duties, privileges, immunities, and limitations as those provided for housing authorities created for cities, counties, or groups of counties and the commissioners of such housing authorities, in the same manner as though all the provisions of law applicable to housing authorities created for cities, counties, or groups of counties were applicable to consolidated housing authorities.
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Arkansas Code — all titles (historical 2020) · legal_authorities
14-169-101. Definitions.
As used in this act, unless the context otherwise requires:
(1) “Municipality” means any city, town, or other municipality in the state;
(2) “Bonds” means any bonds, notes, interim certificates, debentures, obligations, or other evidences of indebtedness issued by a housing authority;
(3) “Governing body” means, in the case of a municipality, the council or other legislative body, and in the case of a county, the county court or other legislative body;
(4) “Clerk” means the clerk or the officer with similar duties;
(5) “Housing Authorities Act” means §§ 14-169-201 — 14-169-205, 14-169-207 — 14-169-225, 14-169-227, 14-169-229 — 14-169-240, and 14-169-804;
(6) “Supplemental Housing Authorities Act” means §§ 14-169-223, 14-169-228, 14-169-237, 14-169-238, 14-169-302 — 14-169-313, 14-169-501 — 14-169-503, and this act.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-169-101
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. The source passage cites 14-169-101. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-169-106. Bonds as legal investments, etc.
The bonds and other obligations issued by any housing authority established pursuant to the Supplemental Housing Authorities Act shall be legal investments, security for public deposits, and negotiable to the same extent and for the same persons, institutions, associations, corporations, public and private bodies, and officers as bonds or other obligations issued by a housing authority established pursuant to the Housing Authorities Act.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-169-106
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. The source passage cites 14-169-106. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-169-223. Bonds and obligations as legal investments.
(a)(1) The state and all public officers, municipal corporations, political subdivisions, and public bodies; and all banks, bankers, trust companies, savings banks and institutions, building and loan associations, savings and loan associations, investment companies, and other persons carrying on a banking business; and all insurance companies, insurance associations, and other persons carrying on an insurance business; and all executors, administrators, guardians, trustees, and other fiduciaries may legally invest any sinking funds, moneys, or other funds belonging to them or within their control in any bonds or other obligations issued by a housing authority pursuant to this subchapter or issued by any public housing authority or agency in the United States, when the bonds or other obligations are secured by a pledge of annual contributions to be paid by the federal government, or any of its agencies.
(2) These bonds and other obligations shall be authorized security for all public deposits and shall be fully negotiable in this state.
(b) It is the purpose of this section to authorize any persons, firms, corporations, associations, political subdivisions, bodies, and officers, public or private, to use any funds owned or controlled by them, including, but not limited to, sinking, insurance, investment, retirement, compensation, pension, and trust funds, and funds held on deposit, for the purchase of any such bonds or other obligations and to declare that any such bonds or other obligations shall be authorized security for all public deposits and shall be fully negotiable in this state.
(c) Nothing contained in this section shall be construed as relieving any person, firm, or corporation from any duty of ex
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-169-223
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. The source passage cites 14-169-223. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-169-224. Joining or cooperating by authorities.
(a) Any two (2) or more housing authorities created pursuant to this subchapter may join or cooperate with one another in the exercise, either jointly or otherwise, of any or all of their powers for the purpose of financing, including the issuance of bonds, notes, or other obligations and giving security therefor, planning, undertaking, owning, constructing, operating, or contracting with respect to housing projects located within the area of operation of any one (1) or more of the authorities.
(b) For such purpose, any authority may, by resolution, prescribe and authorize any other housing authority joining or cooperating with it to act on its behalf with respect to any or all of its powers.
(c) Any authorities joining or cooperating with one another may, by resolutions, appoint from among the commissioners of the authorities an executive committee with full power to act on behalf of the authorities with respect to any or all of their powers, as prescribed by resolutions of the authorities.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-169-224
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. The source passage cites 14-169-224. This identifies an authority to review, not proof of applicability.