Ark. Code Ann. § 14-186-406
Lease of port
Year: 2026Length: 148 words
The municipalities or counties desiring to avail themselves of the benefit of this subchapter and to join in the issuance of bonds as provided in this subchapter shall have the power to lease the port to an operating person, company, or corporation in such manner and upon such terms as may be deemed to be in the best interest of the municipalities or counties. Acts 1959, No. 310, § 12; A.S.A. 1947, § 19-2743.
The municipalities or counties desiring to avail themselves of the benefit of this subchapter and to join in the issuance of bonds as provided in this subchapter shall have the power to lease the port to an operating person, company, or corporation in such manner and upon such terms as may be deemed to be in the best interest of the municipalities or counties.
Acts 1959, No. 310, § 12; A.S.A. 1947, § 19-2743.