Arkansas Code Title 14, Subtitle 5, Chapter 91, Subchapter 10 - Sale of Waterworks

• § 14-91-1001 - Authority to Sell.
  (a) Wherever in any city or incorporated town in this state a waterworks plant and a sewer system have been constructed by the same...
• § 14-91-1002 - Proceedings to Approve Sale.
  (a) The council of any municipal corporation may sell its system of waterworks, together with the right to operate it, when they shall determine,...
• § 14-91-1003 - Purchase of Waterworks.
  (a) (1) The purchaser of the water system in any city or town in this state shall pay at least the appraised value for...
• § 14-91-1004 - Effect of Sale.
  The sale of the property as mentioned in this subchapter shall not work a forfeiture of the corporate entity of the improvement district. Rather,...
• § 14-91-1005 - Outstanding Bonds.
  The remainder of the outstanding bonds issued by a municipal waterworks improvement district shall remain as an indebtedness against it and shall be paid...
• § 14-91-1006 - Priority of Suits.
  All suits in reference to the sale of municipal waterworks shall be deemed matters of public interest and shall be advanced in all courts...

Last modified: November 15, 2016