Arkansas Code
Subtitle 18 - Roadways, Bridges, And Parking Generally
Chapter 303 - Municipal Tollway Authority Act

Subchapter 1 - General Provisions

§ 14-303-101. Title - This chapter may be referred to and cited as the...

§ 14-303-102. Construction - (a) This chapter shall be construed liberally. (b) All acts...

§ 14-303-103. Definitions - As used in this chapter, unless the context otherwise requires:...

§ 14-303-104. Tollway projects declared public properties — Ad valorem tax exemption - All tollway projects, and all the properties thereof, are legislatively...

Subchapter 2 - Municipal Tollway Authorities

§ 14-303-201. Creation and members - (a) Any city of the first class may by ordinance...

§ 14-303-202. Organization - (a) The authority shall elect from among its members a...

§ 14-303-203. Meetings - (a) Meetings of the authority shall be held on call...

§ 14-303-204. Powers and duties - An authority is authorized and empowered to: (1) Acquire, by...

Subchapter 3 - Construction of Tollway Projects

§ 14-303-301. Prerequisites to undertaking project - No tollway project shall be undertaken unless and until the...

§ 14-303-302. Surveys, etc., on private lands - (a) An authority, and its authorized agents and employees, may...

§ 14-303-303. Eminent domain - (a) The power of eminent domain is expressly conferred upon...

§ 14-303-304. Grade separations — Lines and grades - In connection with the construction of any tollway project, an...

§ 14-303-305. Approval required to change highway location - An authority shall not change the location of any portion...

§ 14-303-306. Highway vacation or relocation - Any public highway affected by the construction of a tollway...

§ 14-303-307. Relocation or removal of tollway facilities - Whenever an authority shall determine that it is necessary for...

Subchapter 4 - Tollway Project Revenues

§ 14-303-401. Powers of authority - (a) An authority is authorized to fix, revise, charge, and...

§ 14-303-402. Deposit of revenues - The tolls and all other revenues derived from the tollway...

§ 14-303-403. Use of revenues - (a) The tollway project revenues are to be used solely...

§ 14-303-404. Pledge of revenues to pay off bonds - (a) The pledge of tollway project revenues to the payment...

§ 14-303-405. Turnpike gasoline tax revenues - (a) Reference is made to Acts 1967, No. 43 [repealed],...

Subchapter 5 - Tollway Revenue Bonds

§ 14-303-501. Issuance generally - (a) An authority is authorized and empowered to issue from...

§ 14-303-502. Authorizing resolution - (a) Tollway revenue bonds shall be authorized by resolution of...

§ 14-303-503. Trust indenture - (a) The resolution of an authority authorizing the issuance of...

§ 14-303-504. Sale — Limitations - (a) Bonds issued under the authority of this chapter shall...

§ 14-303-505. Execution - (a) Bonds shall be executed by the manual or facsimile...

§ 14-303-506. Obligation and liability - (a) It shall be plainly stated on the face of...

§ 14-303-507. Security and payment of bonds - (a) The principal of, and interest on, all revenue bonds...

§ 14-303-508. Default — Receiver - (a) In the event of a default in the payment...

§ 14-303-509. Refunding bonds - (a) Revenue bonds may be issued for the purpose of...

§ 14-303-510. Revenue bonds made securities - (a) Revenue bonds issued under the authority of this chapter...

§ 14-303-511. Bonds — Tax exemption - The principal of, and interest on, bonds issued under the...

§ 14-303-512. Authority to operate project after completion of payments - (a) Except as provided in this section, when the principal...

§ 14-303-513. Studies of proposed projects — Expenses - (a) An authority and the State Highway Commission are authorized...