(a) It has been found and determined by the General Assembly that:
(1) There exists a great deal of uncertainty and confusion in the laws of this state pertaining to municipal improvement districts created for the construction and operation of consolidated utility systems as defined in § 14-217-103;
(2) Some of these districts were created by special acts which can no longer be amended;
(3) The uncertainty and confusion contained in existing laws retards the creation of new districts and the growth and development of existing districts;
(4) This uncertainty and confusion can be corrected only by the enactment of a general law defining and clarifying the functions and powers of such districts.
(b) It is the purpose of this chapter, therefore, to provide a uniform and workable definition of the powers and functions of such districts.
Structure Arkansas Code
Subtitle 13 - Public Utility Improvement Districts
Chapter 217 - General Consolidated Public Utility System Improvement Districts
§ 14-217-102. Purpose of chapter
§ 14-217-104. Application and construction of chapter
§ 14-217-105. Creation of consolidated utility districts — Petition — Notice of hearing
§ 14-217-106. General powers and purposes of districts
§ 14-217-108. Location of consolidated system
§ 14-217-109. Payment of costs — Authority to use funds and revenues and to issue bonds
§ 14-217-111. Bonds — Mortgage lien
§ 14-217-112. Bonds — Default — Receiver