Current as of January 01, 2020 | Updated by FindLaw Staff
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All revenue derived from the operation of a municipal airport or flying field, after paying the operating expenses and maintenance, shall be set aside and used for additional improvements on the airport, or for the retirement of bonds and interest thereon issued for the purchase and improvement of the airport or flying field.
Cite this article: FindLaw.com - Arkansas Code Title 14. Local Government § 14-360-105. Revenue use - last updated January 01, 2020 | https://codes.findlaw.com/ar/title-14-local-government/ar-code-sect-14-360-105/
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