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Arkansas Code Title 14. Local Government § 14-361-116. Depositing revenues into fund

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) The revenues obtained by a municipality from the ownership, control, or operation of any airport or air navigation facility, including proceeds from the sale of any airport or portion thereof or air navigation facility property, shall be deposited in a special fund to be called the “․․․․․․․․․․ Airport Fund.”

(b) The revenues shall be appropriated solely to, and used by the municipality for, the purposes authorized by this chapter.

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Cite this article: FindLaw.com - Arkansas Code Title 14. Local Government § 14-361-116. Depositing revenues into fund - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-14-local-government/ar-code-sect-14-361-116/

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