192 chapters · 4,300 sections in this title.
Ark. Code Ann. § 14-334-101 Title
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This chapter may be cited as the “Public Transit System Act.”
Ark. Code Ann. § 14-334-102 Definitions
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(1) As used in this chapter, unless the context otherwise requires:(1) “Authority” means the public corporation created pursuant to § 14-334-103;(2) “Capital costs” means the fixed expenses associated with initiating transit operations including, but not limited to, the purchase …
Ark. Code Ann. § 14-334-103 Creation of authorities
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(a) Any combination of two (2) or more entities as defined in § 14-334-102(4), or portions of those entities, are authorized to create and establish one (1) or more authorities for the purpose of acquiring, owning, equipping, leasing, maintaining, licensing, and operating a publi…
Ark. Code Ann. § 14-334-104 Authority as public corporation
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(a) Each authority, when created, and the members thereof, shall constitute a public corporation and, as such, shall have perpetual succession, may contract and be contracted with, may sue and be sued, and may have and use a common seal. (b) The exercise of the powers and perform…