The governing body of any municipality is authorized to make application and to enter into contracts for and to accept grants-in-aid and loans from the United States and the State of Arkansas, and their agencies, for planning, acquiring, constructing, expanding, maintaining, and operating any project or electric system or participating in any research or development program, or performing any function which the municipality may be authorized by law to provide or perform.
Structure Arkansas Code
Subtitle 12 - Public Utilities Generally
Chapter 202 - Joint Municipal Electric Power Generation
§ 14-202-103. Authorization to construct and operate project
§ 14-202-104. Contracts to acquire interest in project
§ 14-202-105. Sale of excess capacity
§ 14-202-106. Acquisition of licenses and permits
§ 14-202-107. Contracts to exchange and transmit electric power
§ 14-202-108. Bonds — Issuance generally
§ 14-202-109. Bonds — Terms and conditions
§ 14-202-110. Bonds — Trust indenture
§ 14-202-112. Bonds, coupons — Execution and seal
§ 14-202-113. Bonds — Priority among issues
§ 14-202-114. Bonds — Mortgage lien
§ 14-202-115. Bonds — Default — Receiver
§ 14-202-116. Bonds — Nature of indebtedness
§ 14-202-118. Rates, fees, and charges — Disposition — Pledges
§ 14-202-119. Enforcement of rights under ordinance or trust indenture
§ 14-202-120. Bonds and projects — Tax exemption
§ 14-202-121. Investment of public funds in bonds