Arkansas Code Title 14, Subtitle 12, Chapter 207 - Valuation of Properties and Facilities Upon Annexation
§ 14-207-101 - Definitions.
As used herein the following terms shall have the following definitions: (1) "Municipality" shall mean both Arkansas municipal corporations and consolidated municipal utility improvement...
§ 14-207-102 - Confirmation of Ownership Rights.
The right of Arkansas municipal corporations and consolidated municipal utility improvement districts currently owning and operating electric utility systems is hereby ratified and confirmed.
§ 14-207-104 - Procedures and Valuation Formula.
(a) In the event that an agreement pursuant to § 14-207-103(a) or (b) cannot be reached within such six-month period, the municipality shall pay...
§ 14-207-105 - Valuation Data.
The public utility shall provide to the municipality all data and information required to establish valuations under this subchapter, provided, however, that the municipality...