Arkansas Code Title 14, Subtitle 12, Chapter 199, Subchapter 3 - Lease or Sale

• § 14-199-301 - Lease or Contract.
  (a) The council of any municipal corporation operating a system of waterworks or sewer or gas or electric plants belonging to and owned by...
• § 14-199-302 - Sale.
  (a) The council of any municipal corporation owning a system of waterworks or gas or electric plants may sell the system or either of...
• § 14-199-303 - Payment -- Bond.
  (a) Where the sale price is an amount greater than the outstanding secured indebtedness of the district, at least the excess over the amount...
• § 14-199-304 - Deed of Conveyance -- Satisfaction of Lien.
  (a) The transfer of property under this subchapter shall be evidenced by a deed of conveyance in the usual form and with the usual...
• § 14-199-305 - Use of Down Payment.
  The proceeds of any initial cash payment from the sale of any system of waterworks or gas or electric plants of any town or...
• § 14-199-306 - First Opportunity to Purchase -- Notice.
  (a) Any privately owned utility whose main facilities and service area is wholly located within no more than two (2) counties and which serves...

Last modified: November 15, 2016