Arkansas § 14-361-116 Disposition of revenues

Arkansas Statutes

§ 14-361-116 — Disposition of revenues

(a)The revenues obtained by a municipality from the ownership, control, or operation of any airport or air navigation facility, including proceeds from the sale of any airport or portion thereof or air navigation facility property, shall be deposited in a special fund to be called the "............... Airport Fund." (b) The revenues shall be appropriated solely to, and used by the municipality for, the purposes authorized by this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The revenues obtained by a municipality from the ownership, control, or operation of any airport or air navigation facility, including proceeds from the sale of any airport or portion thereof or air navigation facility property, shall be deposited in a special fund to be called the "............... Airport Fund." (b) The revenues shall be appropriated solely to, and used by the municipality for, the purposes authorized by this chapter.

Arkansas § 14-361-116 (Disposition of revenues) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.