Arkansas Statutes

§ 15-5-211 — Dissolution of the authority

Arkansas § 15-5-211

This text of Arkansas § 15-5-211 (Dissolution of the authority) 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. § 15-5-211 (2026).

Text

(a)The Arkansas Development Finance Authority may be dissolved by act of the General Assembly on condition that the authority has no debts or obligations outstanding or provision has been made for the payment or retirement of such debts or obligations.
(b)Upon any such dissolution of the authority, all property, funds, and assets thereof shall be vested in the state.

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Legislative History

Acts 1985, No. 1062, § 4.00; A.S.A. 1947, § 13-2904.

Nearby Sections

15
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Bluebook (online)
Arkansas § 15-5-211, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-5-211.