Arkansas Statutes

§ 25-20-423 — Termination or dissolution

Arkansas·Title 25

The governing bodies of the municipal electric utility forming an authority shall include in their interlocal agreement a provision allowing for:

(1)The termination or dissolution of the authority;
(2)The winding up of the authority's affairs; and (3) Appropriate disposal or distribution of the authority's property.

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Arkansas § 25-20-423 (Termination or dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Acts 2003, No. 366, § 1.

Nearby Sections

15
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