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7-9-125. Definition — Prohibition of profit — Penalties — Freedom of information.
Arkansas Code — all titles (historical 2020) · legal_authorities
7-9-125. Definition — Prohibition of profit — Penalties — Freedom of information.
(a) As used in this section, “property” means both real and personal property and includes without limitation both tangible and intangible property.
(b)(1) No person who is a sponsor of an initiative petition, referendum petition, or constitutional amendment which proposes the sale of property owned by a municipality or county shall receive anything of value as a result of the passage of the act sponsored by the person.
(2) A sponsor of an initiative petition, referendum petition, or constitutional amendment which proposes the sale of property owned by a municipality or county shall file, within sixty (60) calendar days of the election at which the initiative, referendum, or constitutional amendment has been voted upon, with the Secretary of State an accounting of all expenditures by the sponsor in connection with the petition or amendment.
(3) No person shall directly or indirectly benefit from sponsorship of a petition or amendment which proposes the sale of property owned by a municipality or county by contracting sponsorship activities to any business enterprise in which the sponsor has a substantial interest.
(4) Nothing in this act shall prohibit the circulation of petitions or compensation to persons who circulate the petitions.
(c)(1)(A) If a sponsor violates any provision of subsection (b) of this section, the sponsor shall be fined an amount equal to twice the amount of the person's personal gain.
(B) The fine shall be paid to the state, municipality, or county in which the petition or amendment was voted upon.
(2) This section shall be enforced by the:
(A) City attorney of the municipality;
(B) Prosecuting attorney of the county; or
(C) Attorney General of
Source: Arkansas Code — historical release 78 (November 6, 2020) · 7-9-125
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:7-9-125
Source file: gov.ar.code.title.07.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 53362696ea436daa92a8d95bd668cd24a2ac8a41560980c445dbd647ca2c5b57
Source location: content.xml paragraph 7214
Stored source content
7-9-125. Definition — Prohibition of profit — Penalties — Freedom of information.
(a) As used in this section, “property” means both real and personal property and includes without limitation both tangible and intangible property.
(b)(1) No person who is a sponsor of an initiative petition, referendum petition, or constitutional amendment which proposes the sale of property owned by a municipality or county shall receive anything of value as a result of the passage of the act sponsored by the person.
(2) A sponsor of an initiative petition, referendum petition, or constitutional amendment which proposes the sale of property owned by a municipality or county shall file, within sixty (60) calendar days of the election at which the initiative, referendum, or constitutional amendment has been voted upon, with the Secretary of State an accounting of all expenditures by the sponsor in connection with the petition or amendment.
(3) No person shall directly or indirectly benefit from sponsorship of a petition or amendment which proposes the sale of property owned by a municipality or county by contracting sponsorship activities to any business enterprise in which the sponsor has a substantial interest.
(4) Nothing in this act shall prohibit the circulation of petitions or compensation to persons who circulate the petitions.
(c)(1)(A) If a sponsor violates any provision of subsection (b) of this section, the sponsor shall be fined an amount equal to twice the amount of the person's personal gain.
(B) The fine shall be paid to the state, municipality, or county in which the petition or amendment was voted upon.
(2) This section shall be enforced by the:
(A) City attorney of the municipality;
(B) Prosecuting attorney of the county; or
(C) Attorney General of this state.
(d) The expense reports filed by the sponsor of the petition shall be subject to the Freedom of Information Act of 1967, § 25-19-101 et seq.
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Arkansas Code — all titles (historical 2020) · legal_authorities
25-19-101. Title.
This chapter shall be known and cited as the “Freedom of Information Act of 1967”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 25-19-101
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 25-19-101. This identifies an authority to review, not proof of applicability.