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56 chapters · 1,745 sections in this title.
Ark. Code Ann. § 27-90-201 Definitions
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(1) As used in this subchapter, unless the context otherwise requires:(1) “Bonds”, “turnpike revenue bonds”, or “revenue bonds” means revenue bonds or notes of the State Highway Commission authorized under and issued under this subchapter;(2) “Commission” means the State Highway …
Ark. Code Ann. § 27-90-202 Authority of commission to undertake turnpike projects
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(a) The State Highway Commission is authorized and empowered to:(1) (A) Acquire by purchase or exercise of its powers of eminent domain sites and rights-of-way for, and construct, maintain, repair, and operate, turnpike projects at such locations as it shall determine in accordan…
Ark. Code Ann. § 27-90-203 Authority of commission to collect tolls
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(a) The State Highway Commission is authorized to fix, revise, charge, and collect tolls for the use of each turnpike project and the different parts or sections thereof and to contract with any person, partnership, association, corporation, or organization desiring the use of an…
Ark. Code Ann. § 27-90-204 Revenue — Use of revenues
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(a) Revenues derived from any turnpike project that are used to secure revenue bonds shall be deposited into a bank or banks selected by the State Highway Commission. (b) The turnpike project revenues are declared to be cash funds, restricted in their use, and dedicated and to be…