Browse Arkansas Code titles and sections

26-74-203. Definitions.

Arkansas Code — all titles (historical 2020) · legal_authorities

26-74-203. Definitions.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-74-203

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.

Issuing source page ↗

Authority boundary: historical statutory source snapshot not current law.

Open the recorded source website ↗

Record provenance

Stable record: arkansas_code:legal_authorities:26-74-203
Source file: gov.ar.code.title.26.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 9498fc7df87a6c1672fa410ed707c731a21363dfbecb4e6e4e56c967759c7f7c

Source location: content.xml paragraph 32195

Stored source content

26-74-203. Definitions. As used in this subchapter: (1) “Acquire” means to obtain at any time by gift, purchase, or other arrangement, any capital improvement of a public nature or any portion of a capital improvement of a public nature, whether constructed and equipped before acquisition, partially constructed and equipped before acquisition, or being constructed and equipped at the time of acquisition, for such consideration and pursuant to such terms and conditions as the quorum court of the county shall determine; (2) “Calendar quarter” means the three-month period beginning on January 1, April 1, July 1, or October 1; (3) “Capital improvements of a public nature” means: (A) Streets; (B) Roads; (C) Public parks; (D) Port facilities; (E) Tourism facilities; (F) Airport facilities; (G) Sewerage facilities; (H) Waterworks facilities; (I) Fire protection facilities; (J) Convention center facilities; (K) Courthouses; (L) Police facilities; (M) Public transit facilities; (N) Auditoriums; (O) Prisons; (P) Libraries; (Q) Hospital and nursing home facilities; (R) Solid waste facilities; (S) Sanitation facilities; (T) Bridges; (U) Electric facilities; (V) Hydroelectric facilities; (W) Facilities for the securing and developing of industry; (X) Natural gas facilities; (Y) Parking facilities; (Z) Public housing facilities; (AA) Pollution control facilities; (BB) Public education facilities; (CC) Drainage facilities; (DD) Pedestrian facilities; (EE) Lakes; (FF) Dams; (GG) Waterways; (HH) Regional mobility authority surface transportation systems; and (II) Research parks; (4) “Construct” means to build, in whole or in part, in such manner and by such method, including contracting to build, and if contracting to build, by negotiation or bidding upon such terms and pursuant to such advertising as determined by the quorum court of the county, under the circumstances existing at the time, as will most effectively serve the purposes of this subchapter; (5) “Equip” means to install or place in or on any building or structure equipment of any and every kind, whether or not affixed, including, without limitation, building service equipment, fixtures, heating equipment, air conditioning equipment, machinery, furniture, furnishings, and personal property of every kind; (6) “Facilities” means real property, personal property, or mixed property of any and every kind, including, without limitation, rights-of-way, utilities, materials, equipment, fixtures, machinery, furniture, furnishings, buildings, and other improvements of every kind; and (7) “Lease” means a lease of a capital improvement of a public nature by and between a county as lessee and a person as lessor, except as used in § 26-74-204.

Cross-references

Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.

Arkansas Code — all titles (historical 2020) · legal_authorities

26-74-204. Issuance of bonds.

26-74-204. Issuance of bonds. (a) Counties levying the tax permitted in this subchapter are authorized, in addition to the authority existing under the laws of the state, enacted, to acquire, construct, equip, reconstruct, extend, and improve capital improvements of a public nature, collectively referred to as a “project”, within or near such counties, and are authorized to issue bonds to provide funds for accomplishing projects and to pledge all or any part of the revenues which the county is entitled to receive from the tax levied by such county pursuant to this subchapter to pay lease rentals or the principal of, interest on, and fees and expenses in connection with such bonds. (b) Bonds issued by a county pursuant to this subchapter shall be authorized by ordinance of the quorum court. The bonds may: (1) Be coupon bonds payable to bearer or may be registered as to principal or as to principal and interest; (2) Be exchangeable for bonds of another denomination; (3) Be in such form and denominations; (4) Be made payable at such places within or without the state; (5) Be issued in one (1) or more series; (6) Bear such date or dates; (7) Mature at such time or times, not exceeding forty (40) years from their respective dates; (8) Bear interest at such rate or rates; (9) Be payable in such medium of payment; (10) Be subject to such terms of redemption; and (11) Contain such other terms, covenants, and conditions as the ordinance authorizing their issuance may provide including, without limitation, those pertaining to: (A) The custody, investment, and application of the proceeds of the bonds; (B) The collection and disposition of revenues; (C) The maintenance of various funds and reserves; (D) The nature and extent of the security and ple

Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-74-204

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 26-74-204. This identifies an authority to review, not proof of applicability.