Arkansas Code
Subtitle 22 - Airport Facilities Generally
Chapter 362 - Regional Airports

Subchapter 1 - General Provisions

§ 14-362-101. Title - This chapter may be cited as the “Regional Airport Act.

§ 14-362-102. Definitions - As used in this chapter, unless the context otherwise requires:...

§ 14-362-103. Establishment of authorities - (a) (1) Any two (2) or more municipalities, any two...

§ 14-362-104. Authority as public corporation - (a) Each authority when created, and the members thereof, shall...

§ 14-362-105. Appointment of board - (a) Subject to such limitations as may be contained in...

§ 14-362-106. Vacancy on board - (a) If any member of an authority dies, resigns, is...

§ 14-362-107. Compensation prohibited — Reimbursement of expenses - (a) No member of the board of an authority shall...

§ 14-362-108. Facilities authorized - Each authority is authorized and empowered to acquire, equip, construct,...

§ 14-362-109. Powers of authority generally - Each authority is given power and authority as follows: (1)...

§ 14-362-110. Issuance of revenue bonds — Authorization - (a) Authorities are authorized to use any available revenues for...

§ 14-362-111. Issuance of revenue bonds — Resolution of authority — Nature of bonds - (a) The issuance of revenue bonds shall be by resolution...

§ 14-362-112. Issuance of revenue bonds — Indenture - (a) The resolution authorizing the bonds may provide for the...

§ 14-362-113. Issuance of revenue bonds — Price and manner sold - The bonds may be sold for such price, including sale...

§ 14-362-114. Issuance of revenue bonds — Execution - (a) (1) The bonds shall be executed by the manual...

§ 14-362-115. Issuance of revenue bonds — Obligation of authority - (a) The revenue bonds issued under this chapter shall be...

§ 14-362-116. Issuance of revenue bonds — Refunding bonds - (a) (1) Revenue bonds may be issued under this chapter...

§ 14-362-117. Issuance of revenue bonds — Mortgage lien - (a) The resolution or indenture securing the bonds may impose...

§ 14-362-118. Issuance of revenue bonds — Default - (a) (1) In the event of a default in the...

§ 14-362-119. Agreements to obtain funds - Each authority may, in connection with obtaining funds for its...

§ 14-362-120. Acquisition of property - Whenever it shall be deemed necessary by an authority, in...

§ 14-362-121. Exemption from taxation - (a) Each authority shall be exempt from the payment of...

§ 14-362-122. Use of surplus funds - (a) If an authority should realize a surplus, whether from...

§ 14-362-123. Public and private contributions - (a) Contributions may be made to authorities from time to...

§ 14-362-124. Accounts and reports - (a) (1) All funds received by an authority shall be...

§ 14-362-125. County, municipal, and state authority - (a) Counties, municipalities, and the state are authorized and empowered...

§ 14-362-126. Lease of facilities - (a) Each authority may lease its airport and all or...

§ 14-362-127. Sale of assets - (a) In the event the board shall so determine, any...

§ 14-362-128. Workers' compensation - All employees of each authority who are eligible shall be...

§ 14-362-129. Existing authorities - Any existing regional airport authority, de facto or de jure,...

§ 14-362-130. Authorized investors - Any municipality, or any board, commission, or other authority duly...

§ 14-362-131. Construction - (a) This chapter shall be liberally construed to accomplish its...

§ 14-362-132. Exemption from annexation and municipal regulation — Definition - (a) For purposes of this section, “authority” means an authority...

Subchapter 2 - Contracts for Effective Bond Interest Rates

§ 14-362-201. Definitions - As used in this subchapter: (1) “Authority” means any authority...

§ 14-362-202. Contracts authorized - (a) In connection with revenue bonds issued by an authority,...

§ 14-362-203. Payments and revenues - (a) Payments required to be made by an authority under...

§ 14-362-204. Supplemental - This subchapter is supplemental to all other provisions of state...