All revenue derived from the operation of the airport or flying field, after paying the operating expenses and maintenance, shall be set aside and used for additional improvements on the airport or for the retirement of bonds and interest thereon issued or advancement made for the purchase and improvement of the airport or flying field.
Ark. Code Ann. § 14-359-117
Use of operational revenue
Known as the Airport Commission Act
The act spans §§ 14–14 (21 sections).
Acts 1949, No. 53, § 9; A.S.A. 1947, § 74-509.
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.