Arkansas Code Title 12, Subtitle 2, Chapter 8, Subchapter 3 - Department of Arkansas State Police Communications Equipment Leasing Act

• § 12-8-301 - Title.
  This subchapter shall be known and may be cited as the "Department of Arkansas State Police Communications Equipment Leasing Act".
• § 12-8-302 - Legislative Findings and Determinations.
  (a) The General Assembly finds: (1) That the existing communications equipment used by the Department of Arkansas State Police: (A) Has poor radio coverage;...
• § 12-8-303 - Definitions.
  As used in this subchapter: (1) "Acquire" means to acquire by lease, lease-purchase, or otherwise, construct, repair, alter, install, restore, or place on any...
• § 12-8-304 - Construction -- Applicability of Other Acts.
  (a) (1) This subchapter shall be liberally construed to accomplish the intent and purposes of this subchapter and shall be the sole authority required...
• § 12-8-305 - Arkansas State Police Commission -- Additional Powers.
  (a) In addition to the powers, purposes, and authorities set forth elsewhere in this subchapter or in other laws, the Arkansas State Police Commission...
• § 12-8-306 - Submission of Contracts and Proposals.
  The Arkansas State Police Commission shall submit any contract, agreement, or proposal, as authorized by this subchapter, to the Legislative Council prior to any...
• § 12-8-307 - Lease Fund -- Pledged Revenues.
  (a) (1) The lease payments and other costs relating to the communications equipment shall be secured solely by a lien on and pledge of...
• § 12-8-308 - Lease Fund -- Payment of Costs -- Tax Exemption.
  (a) (1) Payments to cover the costs under the lease agreement shall be paid from the Department of Arkansas State Police Communications Equipment Lease...
• § 12-8-309 - Lease Fund -- Investments.
  Nothing in §§ 12-8-307 -- 12-8-310 is intended to prohibit the Department of Arkansas State Police from investing moneys deposited into the Department of...
• § 12-8-310 - Lease Fund -- Expiration of Provisions.
  (a) The provisions of §§ 12-8-307 -- 12-8-309 shall expire upon payment of the final costs authorized under the lease agreements mentioned in this...

Last modified: November 15, 2016