(a) This chapter shall be liberally construed in conformity with its intent.
(b)
(1) All acts and activities of the public corporation performed under the authority of this chapter are legislatively determined and declared to be essential governmental functions.
(2) The General Assembly determines and declares that this chapter is the sole authority necessary for the performance of the acts authorized by this chapter.
Structure Arkansas Code
Subtitle 10 - Economic Development And Tourism Generally
Chapter 175 - Public Corporations for Economic Development Act
§ 14-175-105. Authority generally
§ 14-175-106. Authority and procedure to incorporate
§ 14-175-107. Articles of incorporation
§ 14-175-108. Execution and recording of articles
§ 14-175-109. Board of directors
§ 14-175-111. Powers generally
§ 14-175-112. Economic development taxes
§ 14-175-113. Average weekly wage — Job training expenditures
§ 14-175-114. Limitation on liability
§ 14-175-116. Application of Arkansas Nonprofit Corporation Act of 1993