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14-89-1304. Airport improvement district in city of the first class.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-89-1304. Airport improvement district in city of the first class.
When any municipal airport improvement district of a city of the first class has paid out and fully retired its bonded indebtedness, and there remains a surplus of money or property in the district, the commissioners of the district, after payment of all obligations of the district, shall pay the surplus funds and transfer the property to the city, and the city shall use any such funds and property so received for the sole purpose of making improvements upon the municipal airport of the city.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-89-1304
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:14-89-1304
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 76a85bc3b9599274eb09094245b68428e7bd4cc20e72e6b8ba11104071b5f6a3
Source location: content.xml paragraph 23177
Stored source content
14-89-1304. Airport improvement district in city of the first class.
When any municipal airport improvement district of a city of the first class has paid out and fully retired its bonded indebtedness, and there remains a surplus of money or property in the district, the commissioners of the district, after payment of all obligations of the district, shall pay the surplus funds and transfer the property to the city, and the city shall use any such funds and property so received for the sole purpose of making improvements upon the municipal airport of the city.
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