56 chapters · 1,745 sections in this title.
Ark. Code Ann. § 27-76-101 Title
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This chapter is known and may be cited as the “Regional Mobility Authority Act”.
Ark. Code Ann. § 27-76-102 Legislative findings
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(1) The General Assembly finds that:(1) Many transportation projects cannot be completed because the transportation construction and maintenance needs of the State of Arkansas far exceed the budget for highway construction and maintenance;(2) Counties and municipalities have limi…
Ark. Code Ann. § 27-76-103 Definitions
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(1) As used in this chapter:(1) (A) “Bond” means a revenue bond or note issued under this chapter by a regional mobility authority created under this chapter.(B) “Bond” includes any other financial obligation of a regional mobility authority authorized by this chapter, the laws o…
Ark. Code Ann. § 27-76-104 Exemption from taxation or assessment
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(a) A regional mobility authority is exempt from ad valorem property taxation of or assessments on each of the following:(1) A transportation system;(2) A transportation project; and(3) Property the regional mobility authority acquires or uses under this chapter for a transportat…