(a) Two (2) or more counties or two (2) or more municipalities, whether or not in the same county, or one (1) or more counties and one (1) or more municipalities, whether or not in the same county, within or near which there is a navigable river or waterway are authorized and empowered to organize and establish a metropolitan port authority, in the manner and for the accomplishment of the purposes specified in this chapter.
(b)
(1) Each authority established under this chapter shall consist of and be governed by a board of directors.
(2) The members of the board shall be selected and shall serve as set forth in this chapter.
Structure Arkansas Code
Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities
Chapter 185 - Metropolitan Port Authorities
§ 14-185-104. Power to establish
§ 14-185-105. Organization of authority
§ 14-185-106. Members of the board of authority
§ 14-185-107. Permanent records of authority
§ 14-185-108. General purposes of authority
§ 14-185-109. Powers of authority generally
§ 14-185-110. Warehouse facilities — Proposals for lease or operation
§ 14-185-111. Acquisition of rights-of-way and property
§ 14-185-112. Condemnation of utility system prohibited
§ 14-185-113. Operation of terminal railroads
§ 14-185-114. Dealings with federal government
§ 14-185-115. Assistance by municipalities and counties
§ 14-185-116. Authority to borrow funds, issue bonds
§ 14-185-117. Bonds — Authority to issue
§ 14-185-118. Bonds — Covenants and agreements — Enforcement
§ 14-185-119. Bonds — Purposes
§ 14-185-120. Bonds — Principal amount
§ 14-185-121. Bonds — Resolution or trust indenture generally
§ 14-185-122. Bonds — Authorizing resolution
§ 14-185-123. Bonds — Terms and conditions
§ 14-185-124. Bonds — Trust indenture
§ 14-185-125. Bonds — Contents
§ 14-185-127. Bonds, coupons — Execution
§ 14-185-128. Bonds — Conversion
§ 14-185-130. Bonds — General or special obligations
§ 14-185-131. Bonds — Liability
§ 14-185-132. Bonds — Pledge of revenues
§ 14-185-134. Bonds — Tax exemption
§ 14-185-135. Bonds as legal investment