Arkansas § 14-334-106 Systems declared public properties

Arkansas Statutes

§ 14-334-106 — Systems declared public properties

Arkansas § 14-334-106

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This text of Arkansas § 14-334-106 (Systems declared public properties) 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. § 14-334-106 (2026).

Text

(a)All transit systems formed under this chapter, and all the properties thereof, are declared to be public properties used exclusively for public purposes.

(b)The legislative intent of this section is that these transit systems, and all properties thereof, shall be exempt from:

(1)Ad valorem taxes under and pursuant to the provisions of Arkansas Constitution, Article 16, § 5; and (2) Motor vehicle registration fees levied by the state. However, a one dollar ($1.00) annual registration fee shall be charged on all vehicles used for public transit purposes by an authority.

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(a) All transit systems formed under this chapter, and all the properties thereof, are declared to be public properties used exclusively for public purposes. (b) The legislative intent of this section is that these transit systems, and all properties thereof, shall be exempt from: (1) Ad valorem taxes under and pursuant to the provisions of Arkansas Constitution, Article 16, § 5; and (2) Motor vehicle registration fees levied by the state. However, a one dollar ($1.00) annual registration fee shall be charged on all vehicles used for public transit purposes by an authority.