Arkansas Statutes

§ 27-90-201 — Definitions

Arkansas·Title 27

As used in this subchapter, unless the context otherwise requires:

(1)"Bonds", "turnpike revenue bonds", or "revenue bonds" means revenue bonds or notes of the State Highway Commission authorized under and issued under this subchapter;
(2)"Commission" means the State Highway Commission;
(3)(A) "Costs" or "project costs" means all direct and indirect costs incurred in connection with the acquisition of rights-of-way for and constructing and equipping turnpike projects, including, without limitation:
(i)The cost of the acquisition of all lands, rights-of-way, property, rights, easements, and interests acquired by the commission;
(ii)The cost of demolishing or removing buildings or structures on the land so acquired;
(iii)The cost of acquiring any lands to which those buildings or struc

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Legislative History

Acts 1995, No. 1232, § 1; 2003, No. 296, § 1.

Nearby Sections

15
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