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Arkansas Code Title 22. Public Property § 22-1-101. Sale of surplus commodities to not-for-profit organizations before being offered for sale to the public

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

(a) As used in this section:

(1) “Commodities” means commodities under § 19-11-203; and

(2) “Not-for-profit organization” means a private corporation under § 4-28-201 et seq. that:

(A) Has a benevolent, philanthropic, patriotic, or charitable purpose; and

(B) Performs a function that would be performed at the public expense if it were not performed by the organization.

(b) Before a state, county, or municipal government entity offers surplus commodities for sale to the public, the state, county, or municipal government entity:

(1) Shall consider offers by not-for-profit organizations for the surplus commodities made by not-for-profit organizations; and

(2) May accept a reasonable bid or offer for the surplus commodities from a not-for-profit organization.

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Cite this article: FindLaw.com - Arkansas Code Title 22. Public Property § 22-1-101. Sale of surplus commodities to not-for-profit organizations before being offered for sale to the public - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-22-public-property/ar-code-sect-22-1-101/

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