Lease of facilities
Known as the Research Park Authority Act
The act spans §§ 14-144-101 to 14-144-318 (31 sections).
Acts 2007, No. 1045, § 1.
(1) Each research park authority may lease its research park facilities and all or any part of its appurtenances and facilities to any available lessee at a rental and upon such terms and conditions as the authority deems proper.
(2) Leases shall be for some purpose associated with research or economic development activities that serve to build the local, regional, and state economies.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.