Arkansas Code Title 27, Subtitle 5, Chapter 76, Subchapter 1 - General Provisions
- § 27-76-101 - Title.
This chapter is known and may be cited as the "Regional Mobility Authority Act".
- § 27-76-102 - Legislative Findings.
The General Assembly finds that: (1) Many transportation projects cannot be completed because the transportation construction and maintenance needs of the State of Arkansas...
- § 27-76-103 - Definitions.
As used in this chapter: (1) (A) "Bond" means a revenue bond or note issued under this chapter by a regional mobility authority created...
- § 27-76-104 - Exemption From Taxation or Assessment.
(a) A regional mobility authority is exempt from ad valorem property taxation of or assessments on each of the following: (1) A transportation system;...
- § 27-76-105 - Exemption From Fees.
(a) Except as provided under subsection (b) of this section, a regional mobility authority is exempt from the payment or assessment of any of...
- § 27-76-106 - Immunity.
(a) The powers and duties of a regional mobility authority conferred by this chapter are public and governmental functions exercised for a public purpose...
- § 27-76-107 - Approval Required.
Any design or proposal for a road or highway improvement must be approved by the governmental entity that owns the roadway prior to the...
Last modified: November 15, 2016