Arkansas Code § 14-361-116 - Disposition of Revenues

(a) The revenues obtained by a municipality from the ownership, control, or operation of any airport or air navigation facility, including proceeds from the sale of any airport or portion thereof or air navigation facility property, shall be deposited in a special fund to be called the "................... Airport Fund."

(b) The revenues shall be appropriated solely to, and used by the municipality for, the purposes authorized by this chapter.

Section: Previous  14-361-109  14-361-110  14-361-111  14-361-112  14-361-113  14-361-114  14-361-115  14-361-116  14-361-117  14-361-118  14-361-119  14-361-120  14-361-121  14-361-122  14-361-123  Next

Last modified: November 15, 2016