As used in this chapter, unless the context otherwise requires:
(1) “Commission” means the State Highway Commission of the State of Arkansas;
(2) “Construction” and “constructing” when said with reference to ferries include the terms “purchase” and “purchasing”, respectively;
(3) “General Bridge Authority Act” has reference to 33 U.S.C. § 525 et seq.; and
(4) “Revenue” means revenue or income derived solely from tolls, rents, fees, and other charges imposed by the commission for services rendered by a bridge constructed or reconstructed, or by a ferry constructed under the provisions of this chapter, and shall not be deemed in any event to include any revenues or funds of the State of Arkansas.
Structure Arkansas Code
Subtitle 6 - Bridges And Ferries
Chapter 88 - Bonds For Construction And Operation
§ 27-88-101. Liberal construction
§ 27-88-103. Scope of authority
§ 27-88-104. Authority to issue bonds — Use of funds
§ 27-88-106. Redemption before maturity
§ 27-88-109. No right arises until issuance and sale
§ 27-88-110. Investment of proceeds from sale
§ 27-88-111. Temporary notes or bonds
§ 27-88-112. Notes and bonds as negotiable instruments
§ 27-88-114. Sinking fund for payment of bonds
§ 27-88-115. Operation and maintenance fund
§ 27-88-116. Tolls, rates, and fees
§ 27-88-117. Bonds payable solely from bridge or ferry revenues
§ 27-88-118. Additional bond issues — Equality
§ 27-88-119. Contracts with United States or other states