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Arkansas Code of 1987 (2023)
Title 14 - LOCAL GOVERNMENT (§§ 14-1-101 — 14-387-706)
Subtitle 20 - PUBLIC TRANSIT SYSTEMS GENERALLY (§§ 14-333-101 — 14-335-105)
Chapter 334 - PUBLIC TRANSIT SYSTEMS GENERALLY (§§ 14-334-101 — 14-334-116)
Section 14-334-103 - Creation of authorities
Universal Citation:
AR Code § 14-334-103 (2023)
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- (a) Any combination of two (2) or more entities as defined in § 14-334-102(4), or portions of those entities, are authorized to create and establish one (1) or more authorities for the purpose of acquiring, owning, equipping, leasing, maintaining, licensing, and operating a public transit system.
- (b) No entity shall participate in such an authority unless and until its governing body so provides and enters into an agreement with the other participating entities. This agreement shall establish the terms and conditions for the operation of the authority within the limitations provided in this chapter and such other laws of the State of Arkansas which may be applicable.
- (c) To the extent that it is consistent with this chapter, the agreement shall specify the information provided for in § 25-20-104(c) of the Interlocal Cooperation Act, § 25-20-101 et seq.
Acts 1981, No. 424, § 3; A.S.A. 1947, § 20-2203.
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