Arkansas § 14-334-103 Creation of authorities

Arkansas Statutes

§ 14-334-103 — Creation of authorities

Arkansas § 14-334-103

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This text of Arkansas § 14-334-103 (Creation of authorities) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 14-334-103 (2026).

Text

(a)Any combination of two (2) or more entities as defined in § 14-334-102(4) , or portions of those entities, are authorized to create and establish one (1) or more authorities for the purpose of acquiring, owning, equipping, leasing, maintaining, licensing, and operating a public transit system.

(b)No entity shall participate in such an authority unless and until its governing body so provides and enters into an agreement with the other participating entities. This agreement shall establish the terms and conditions for the operation of the authority within the limitations provided in this chapter and such other laws of the State of Arkansas which may be applicable.

(c)To the extent that it is consistent with this chapter, the agreement shall specify the information provided for in § 25

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(a) Any combination of two (2) or more entities as defined in § 14-334-102(4) , or portions of those entities, are authorized to create and establish one (1) or more authorities for the purpose of acquiring, owning, equipping, leasing, maintaining, licensing, and operating a public transit system. (b) No entity shall participate in such an authority unless and until its governing body so provides and enters into an agreement with the other participating entities. This agreement shall establish the terms and conditions for the operation of the authority within the limitations provided in this chapter and such other laws of the State of Arkansas which may be applicable. (c) To the extent that it is consistent with this chapter, the agreement shall specify the information provided for in § 25-20-104(c) of the Interlocal Cooperation Act, § 25-20-101 et seq.