Waterworks systems owned by nonprofit property owners associations are public property used for public purposes and therefore exempt from ad valorem taxation.
Ark. Code Ann. § 26-3-305
Nonprofit waterworks
Acts 1983, No. 332, § 1; A.S.A. 1947, § 84-216.
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.