™Your Policy Risk Impact Agent
192 chapters · 4,300 sections in this title.
Ark. Code Ann. § 14-207-101 Definitions
2.0K chars
(1) As used herein the following terms shall have the following definitions:(1) “Municipality” shall mean both Arkansas municipal corporations and consolidated municipal utility improvement districts;(2) “Electric public utility” and “electric public utility system” shall include…
Ark. Code Ann. § 14-207-102 Confirmation of ownership rights
0.2K chars
The right of Arkansas municipal corporations and consolidated municipal utility improvement districts currently owning and operating electric utility systems is hereby ratified and confirmed.
Ark. Code Ann. § 14-207-103 Right to acquire properties, facilities, and customers
6.9K chars
(a) (1) Unless otherwise agreed between a municipality which owns or operates an electric utility system and an electric public utility, the inclusion by annexation, whether voluntary or involuntary according to applicable law, of any part of the assigned service area of an elect…
Ark. Code Ann. § 14-207-104 Procedures and valuation formula
4.9K chars
(a) In the event that an agreement pursuant to § 14-207-103(a) or § 14-207-103(b) cannot be reached within such six-month period, the municipality shall pay to the electric public utility an amount equal to the following:(1) The present-day reproduction cost, new, of the properti…