Browse Arkansas Code titles and sections
4-35-111. Dissolution.
Arkansas Code — all titles (historical 2020) · legal_authorities
4-35-111. Dissolution.
(a)(1) A water authority shall be dissolved upon the expiration of its term of existence as set forth in the water authority's articles if the term of existence is less than perpetual in nature.
(2) Upon the dissolution, a notice shall be filed with both the Arkansas Natural Resources Commission and the Secretary of State.
(b)(1) A water authority may also be dissolved upon filing articles of dissolution with the approval in writing by the commission.
(2) If approved by the commission, articles of dissolution shall also be filed with the Secretary of State.
(c) Upon dissolution, any assets of a water authority remaining after payment of claims and liabilities of the water authority shall be transferred to another water authority with approval of the commission or to the State of Arkansas or a subdivision of the state, including the commission.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 4-35-111
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:4-35-111
Source file: gov.ar.code.title.04.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 075733a0c82e324f77d9dc8de2640bd63e5d5003b21e502e40aee28fa1a6beab
Source location: content.xml paragraph 24291
Stored source content
4-35-111. Dissolution.
(a)(1) A water authority shall be dissolved upon the expiration of its term of existence as set forth in the water authority's articles if the term of existence is less than perpetual in nature.
(2) Upon the dissolution, a notice shall be filed with both the Arkansas Natural Resources Commission and the Secretary of State.
(b)(1) A water authority may also be dissolved upon filing articles of dissolution with the approval in writing by the commission.
(2) If approved by the commission, articles of dissolution shall also be filed with the Secretary of State.
(c) Upon dissolution, any assets of a water authority remaining after payment of claims and liabilities of the water authority shall be transferred to another water authority with approval of the commission or to the State of Arkansas or a subdivision of the state, including the commission.
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