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2020 Arkansas Code
Title 19 - Public Finance
Chapter 1 - General Provisions
Subchapter 2 - Fiscal Duties of Department of Finance and Administration
§ 19-1-213. Leasing of state property
Universal Citation: AR Code § 19-1-213 (2020)
(a) The Secretary of the Department of Finance and Administration may lease, with approval of the Governor, any state property, real or personal, which is not needed for public use, and the leasing of which is not prohibited by law, where the authority to lease the property is not vested in any other state agency.
(b) No property shall be leased under this section for a term exceeding two (2) years.
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