Arkansas Statutes
§ 4-35-101 — Legislative intent
Arkansas·Title 4
It is the intent of the General Assembly to provide a means by which a nonprofit corporation involved in the sale, transmission, and distribution of potable water to members of the general public and commercial, industrial, and other users may form or convert its entity status from that of a body corporate to that of a public body politic and governmental entity, thereby allowing the entity the opportunity to access the tax-exempt capital markets and assuring the State of Arkansas and the customers of the entity of the lowest water rates possible.
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Related
Giles v. Ozark Mountain Reg'l Pub. Water Auth.
2014 Ark. 171 (Supreme Court of Arkansas, 2014)
Opinion No.
(Arkansas Attorney General Reports, 2004)
Legislative History
Acts 2003, No. 1330, § 3.
Nearby Sections
15
§ 4-1-101
Short titles§ 4-1-102
Scope of subtitle§ 4-1-104
Construction against implicit repeal§ 4-1-105
Severability§ 4-1-106
Use of singular and plural - Gender§ 4-1-107
Section captions§ 4-1-201
General definitions§ 4-1-202
Notice - Knowledge§ 4-1-204
Value§ 4-1-205
Reasonable time - Seasonableness§ 4-1-206
Presumptions