Ark. Code Ann. § 14-164-201 (2026)
Title
This subchapter shall be referred to and may be cited as the “Municipalities and Counties Industrial Development Revenue Bond Law.”
History. Acts 1960 (Ex. Sess.), No. 9, § 1; A.S.A. 1947, § 13-1601.
A.C.R.C. Notes. Acts 1991, No. 629, § 8, provided:
“For purposes of any other law, including, without limitation, § 14-164-201 et seq., the term ‘facilities’ or a similar term shall include a wastewater project or solid waste disposal project as those terms are defined in this subchapter, so that any law adopted authorizing the issuance of industrial development bonds, industrial development revenue bonds, or similar evidences of indebtedness shall be available for utilization in connection with a privatization project.”
Publisher's Notes. Acts 1991, No. 629, § 8, is also codified at § 8-5-612.
Research References
ALR.
When is property owned by state or local governmental body put to public use so as to be eligible for property tax exemption. 114 A.L.R.5th 561.
Case Notes
Cited: United States v. White, 671 F.2d 1126 (8th Cir. 1982); Hufsmith v. Weaver, 285 Ark. 357, 687 S.W.2d 130 (1985).