(a) At least once in each year, a municipal port authority shall publish a report. It shall be published one (1) time in some newspaper published in the city or incorporated town where the authority is located. If no paper exists in the city or town creating such authority, the report may be published in any newspaper published in the county where the authority is located. It shall show a complete financial statement of all moneys received and disbursed by the authority during the preceding year.
(b) The statement shall show:
(1) The several sources from which funds were received;
(2) The balance on hand at the time of publishing the statement; and
(3) The complete financial condition of the authority.
Structure Arkansas Code
Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities
Chapter 186 - Harbors And Port Facilities Generally
Subchapter 2 - Municipal Port Authorities
§ 14-186-203. Creation of authority — Members
§ 14-186-204. Authority — Purposes
§ 14-186-205. Authority — Activities in which city or town may engage
§ 14-186-207. Powers generally
§ 14-186-208. Warehouse facilities — Proposals for lease or operation
§ 14-186-209. Operation of terminal railroads
§ 14-186-210. Acquisition of rights-of-way and property
§ 14-186-211. Exemptions for property
§ 14-186-212. Exchange of property, etc
§ 14-186-213. Transfer of property or money to federal government