8-15-102. Definitions.

Arkansas Code — all titles (historical 2020) · legal_authorities

8-15-102. Definitions.

8-15-102. Definitions. As used in this chapter: (1)(A) “Bond” means a revenue bond or note issued under this chapter. (B) “Bond” includes any other financial obligation authorized by this chapter, the laws of this state, or the Arkansas Constitution; (2) “District” means a property assessed energy improvement district established in this state by law for the express purpose of managing the PACE program; (3) “Governmental entity” means a municipality, county, combination of cities or counties or both, or statewide district; (4) “Owner” means an individual, partnership, association, corporation, or other legal entity that is recognized by law and has title or interest in any real property; (5) “PACE program” means a property assessed clean energy program under which a real property owner can finance an energy efficiency improvement, a renewable energy project, and a water conservation improvement on the real property; and (6) “Person” means an individual, partnership, association, corporation, or other legal entity recognized by law as having the power to contract.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 8-15-102

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.