Arkansas § 14-54-203 Contents required

Arkansas Statutes

§ 14-54-203 — Contents required

Arkansas § 14-54-203

Title14

This text of Arkansas § 14-54-203 (Contents required) 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. § 14-54-203 (2026).

Text

(a)Every agreement or contract entered into by a municipality of this state as authorized in § 14-54-202 shall specify the following:

(1)Its duration;

(2)The precise organization, composition, and nature of any separate legal or administrative entity created thereby, together with the powers delegated thereto, provided such entity may be legally created;

(3)Its purpose;

(4)The manner of financing the joint or cooperative undertaking and of establishing and maintaining a budget therefor, or in the case of an agreement whereby one (1) municipality agrees to furnish specified services or facilities to the other municipality, the financial arrangement therefor;

(5)The permissible methods to be employed in accomplishing the partial or complete termination of the agreement and for disposin

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(a) Every agreement or contract entered into by a municipality of this state as authorized in § 14-54-202 shall specify the following: (1) Its duration; (2) The precise organization, composition, and nature of any separate legal or administrative entity created thereby, together with the powers delegated thereto, provided such entity may be legally created; (3) Its purpose; (4) The manner of financing the joint or cooperative undertaking and of establishing and maintaining a budget therefor, or in the case of an agreement whereby one (1) municipality agrees to furnish specified services or facilities to the other municipality, the financial arrangement therefor; (5) The permissible methods to be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon such partial or complete termination; and (6) Any other necessary and proper matters. (b) If the agreement does not establish a separate legal entity to conduct the joint or cooperative undertaking, the agreement shall, in addition to subdivisions (1) through (6) enumerated [sic] subsection (a) of this section, contain the following: (1) Provision for an administrator or a joint board responsible for administering the joint or cooperative undertaking. In the case of a joint board, municipalities party to the agreement shall be represented; (2) The manner of acquiring, holding, and disposing of real and personal property used in the joint or cooperative undertaking.