Arkansas Code Title 8, Chapter 5, Subchapter 6 - Arkansas Privatization Act
- § 8-5-601 - Title.
This subchapter shall be known and cited as the "Arkansas Privatization Act".
- § 8-5-602 - Legislative Policy.
The General Assembly declares that the policy of this state is to assure its citizens adequate public services, particularly wastewater projects, and solid waste...
- § 8-5-603 - Definitions.
As used in this subchapter, unless the context otherwise requires: (1) "Chief executive" means the mayor of a municipality, the county judge of a...
- § 8-5-604 - Construction.
(a) This subchapter shall be construed liberally to effect its purposes and neither this subchapter nor anything contained herein is or shall be construed...
- § 8-5-605 - Applicability.
This subchapter does not apply to the disposition of surplus property by a local government, nor to any other action of a local government...
- § 8-5-606 - Privatization Contracts Generally.
(a) Any local government may enter into a privatization contract with a private owner or operator to accomplish the transfer of any local government-owned...
- § 8-5-607 - Service Agreements Generally.
(a) (1) In connection with a privatization contract, a local government, if authorized by ordinance of its governing body, may enter into one (1)...
- § 8-5-608 - Privatization Contracts and Service Agreements -- Assignment.
The privatization contract or the service agreement may be assigned by either party to secure the performance of any obligation in connection with the...
- § 8-5-609 - Privatization Contracts, Service Agreements, Etc. -- Exemption From Certain Laws.
The privatization contract, the service agreement, and any other purchase by the local government in connection with the privatization contract shall not be subject...
- § 8-5-610 - Privatization Contracts, Service Agreements, Etc. -- Exemption From Arkansas Public Service Commission's Jurisdiction.
The service agreement, the privatization contract, the charges and rates for sewer or other service, and private owners or operators shall not be subject...
- § 8-5-611 - Tax Exemption.
No income, sales, use, ad valorem, or other tax, assessment, or license shall be levied upon or collected with respect to any property which...
- § 8-5-612 - Wastewater Projects and Solid Waste Disposal Projects are Industrial Facilities for Other Acts.
For purposes of any other law, including, without limitation, ยง 14-164-201 et seq., the term "facilities" or a similar term shall include a wastewater...
Last modified: November 15, 2016