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14-89-803. Procedure for advances.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-89-803. Procedure for advances.
(a) Moneys advanced under the authority of this subchapter shall be in such amounts and shall be paid to such persons, including, without limitation, to those persons doing the work or to trustees or committees created by the governing body for the purpose, at such times either in one (1) lump sum or in installments, from time to time, and under such conditions and restrictions as the municipal governing body shall determine and prescribe by ordinance.
(b) No one (1) ordinance shall authorize advances to more than one (1) improvement district.
(c) There may be one (1) ordinance authorizing, and prescribing the manner of making, all advances to or for the benefit of a single district, or multiple advances to or for the benefit of a single district may be authorized by separate ordinances.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-89-803
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:14-89-803
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 7010aed4d2aeefce76e65d80ebe2b88626e3b23f9bb78c23aa5f1dfadf2f5e7e
Source location: content.xml paragraph 22969
Stored source content
14-89-803. Procedure for advances.
(a) Moneys advanced under the authority of this subchapter shall be in such amounts and shall be paid to such persons, including, without limitation, to those persons doing the work or to trustees or committees created by the governing body for the purpose, at such times either in one (1) lump sum or in installments, from time to time, and under such conditions and restrictions as the municipal governing body shall determine and prescribe by ordinance.
(b) No one (1) ordinance shall authorize advances to more than one (1) improvement district.
(c) There may be one (1) ordinance authorizing, and prescribing the manner of making, all advances to or for the benefit of a single district, or multiple advances to or for the benefit of a single district may be authorized by separate ordinances.
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