Arkansas Code § 15-4-1802 - Definitions

As used in this subchapter:

(1) "Bonds" means revenue bonds or general obligation bonds;

(2) "Eligible facility" means any facility owned by any state agency or political subdivision and any facility financed through the issuance of bonds by any state agency or political subdivision at which at least one hundred (100) people are employed and which is acquired or completed or substantially reconstructed or expanded after December 31, 1992;

(3) "Political subdivision" means cities of the first class or cities of the second class and counties and any governmental entity created by them; and

(4) "State income tax" means the Arkansas state income tax.

Section: 15-4-1802  15-4-1803  15-4-1804  15-4-1805  15-4-1806  15-4-1807  15-4-1808  15-4-1809  15-4-1810  15-4-1811    Next

Last modified: November 15, 2016