(a) Counties, pursuant to an ordinance properly and lawfully adopted by their quorum courts, are empowered and authorized to annually grant financial aid to any public postsecondary educational institution located within their borders for the purpose of assisting the institution in paying its lawful expenses of operation.
(b) The ordinance shall be effective for a period of twelve (12) months.
Structure Arkansas Code
Subtitle 2 - County Government
Chapter 16 - Powers of Counties Generally
Subchapter 1 - General Provisions
§ 14-16-101. Actions on behalf of counties
§ 14-16-102. Rights under contracts
§ 14-16-103. Deeds, etc., to county
§ 14-16-104. Conveyances from federal government
§ 14-16-105. Sale of county property generally
§ 14-16-106. Sale or disposal of surplus property
§ 14-16-107. Sale of realty to certain organizations
§ 14-16-108. Sale or lease of county hospital to municipality
§ 14-16-109. Lease of county lands to municipality
§ 14-16-110. Lease of county property to educational institutions
§ 14-16-111. Development of port facilities
§ 14-16-113. Sale proceeds paid into county road fund
§ 14-16-115. Resident bidding preference limitation