Arkansas Code § 14-360-105 - Use of Operational Revenue

All revenue derived from the operation of a municipal airport or flying field, after paying the operating expenses and maintenance, shall be set aside and used for additional improvements on the airport, or for the retirement of bonds and interest thereon issued for the purchase and improvement of the airport or flying field.

Section: Previous  14-360-102  14-360-103  14-360-104  14-360-105  

Last modified: November 15, 2016