Title 14, Local Government

Any municipality and any county in this state is authorized to own, acquire, construct, reconstruct, extend, equip, improve, operate, maintain, sell, lease, contract concerning, or otherwise deal in or dispose of any lands, buildings, improvement, or facilities of any and every n…

(a) Municipalities and counties are authorized to use any available revenues for the accomplishment of tourism projects, either alone or together with other available funds and revenues. They may issue bonds, as authorized in this subchapter, for the accomplishment of tourism pro…

(a) (1) The issuance of bonds shall be by ordinance of the municipality or order of the county court.(2) As the ordinance or order authorizing their issuance may provide, the bonds may:(A) Be coupon bonds payable to bearer, but subject to registration as to principal or as to pri…

(a) (1) Bonds may be issued under this subchapter for the purpose of refunding any obligations issued under this subchapter.(2) Refunding bonds may be combined with bonds issued under the provisions of § 14-170-207 into a single issue. (1) Bonds may be issued under this subchapte…

(a) (1) The bonds issued under this subchapter shall not be general obligations of the municipality or county but shall be special obligations. In no event shall the bonds constitute an indebtedness of the municipality or county within the meaning of any constitutional or statuto…

(a) (1) Subject to the provisions of this section, there shall exist a statutory mortgage lien upon the land, buildings, or facilities acquired, constructed, reconstructed, extended, equipped, or improved, in whole or in part, with the proceeds of bonds issued under this subchapt…

(a) (1) (A) In the event of a default in the payment of the principal of, or interest on, any bonds issued under this subchapter, any court having jurisdiction may appoint a receiver to take charge of the land, buildings, or facilities acquired, constructed, reconstructed, extend…

(a) Bonds issued under this subchapter shall be exempt from all state, county, and municipal taxes. (b) This exemption includes income and inheritance taxes.

(a) Any municipality, or any board, commission, or other authority duly established by ordinance of any municipality, or the board of trustees, respectively, of the firemen's relief and pension fund and the policemen's pension and relief fund of any such municipality, or the boar…

Municipalities and counties are authorized to enter into and carry out appropriate agreements with any agency or political subdivision of the federal government or of the State of Arkansas pertaining to the accomplishment of the purposes authorized by this subchapter, including, …