Termination or dissolution
Known as the Interlocal Cooperation Act
The act spans §§ 25–25 (85 sections).
Acts 2003, No. 366, § 1.
The governing bodies of the municipal electric utility forming an authority shall include in their interlocal agreement a provision allowing for:
(1) The termination or dissolution of the authority;
(2) The winding up of the authority's affairs; and
(3) Appropriate disposal or distribution of the authority's property.
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.