Arkansas § 22-1-101 Sale of surplus commodities to not-for-profit organizations before offer for sale to public - Definitions

Arkansas Statutes

§ 22-1-101 — Sale of surplus commodities to not-for-profit organizations before offer for sale to public - Definitions

(a)As used in this section:

(1)"Commodities" means commodities under § 19-11-203 ; and (2) "Not-for-profit organization" means a private corporation under § 4-28-201 et seq. that:

(A)Has a benevolent, philanthropic, patriotic, or charitable purpose; and (B) Performs a function that would be performed at the public expense if it were not performed by the organization.

(b)Before a state, county, or municipal government entity offers surplus commodities for sale to the public, the state, county, or municipal government entity:

(1)Shall consider offers by not-for-profit organizations for the surplus commodities made by not-for-profit organizations; and (2) May accept a reasonable bid or offer for the surplus commodities from a not-for-profit organization.

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(a) As used in this section: (1) "Commodities" means commodities under § 19-11-203 ; and (2) "Not-for-profit organization" means a private corporation under § 4-28-201 et seq. that: (A) Has a benevolent, philanthropic, patriotic, or charitable purpose; and (B) Performs a function that would be performed at the public expense if it were not performed by the organization. (b) Before a state, county, or municipal government entity offers surplus commodities for sale to the public, the state, county, or municipal government entity: (1) Shall consider offers by not-for-profit organizations for the surplus commodities made by not-for-profit organizations; and (2) May accept a reasonable bid or offer for the surplus commodities from a not-for-profit organization.

Arkansas § 22-1-101 (Sale of surplus commodities to not-for-profit organizations before offer for sale to public - Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.