Arkansas Statutes
§ 14-144-316 — Lease of facilities
Arkansas·Title 14
(a)Each research park authority may lease its research park facilities and all or any part of its appurtenances and facilities to any available lessee at a rental and upon such terms and conditions as the authority deems proper.
(b)Leases shall be for some purpose associated with research or economic development activities that serve to build the local, regional, and state economies.
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Legislative History
Acts 2007, No. 1045, § 1.
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