Arkansas Statutes
§ 14-164-224 — No utility acquisition by municipality
Arkansas·Title 14
Nothing in this subchapter shall be construed to authorize any municipality to issue or sell revenue bonds, or use the proceeds thereof, to purchase, condemn, or otherwise acquire a utility plant or distribution system owned or operated by a regulated public utility.
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Legislative History
Acts 1960 (Ex. Sess.), No. 9, § 13; A.S.A. 1947, § 13-1613.
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