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Arkansas · Snapshot open-us-law v2026.08, retrieved 2026-09-17

Ark. Code Ann. § 14-168-308: Termination of redevelopment districts

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Where this section sits in the code
  1. AR Code
  2. Title 14
  3. Chapter 168
  4. Subchapter 3

(a) A redevelopment district shall not be in existence for a period longer than twenty-five (25) years, unless under the original redevelopment plan or by amendment of the original redevelopment plan bonds have been issued and the bonds would not be fully paid until after the date that is twenty-five (25) years from the date of creation of the district. (b) The local governing body may set a shorter period for the existence of the district and may also provide that bonds shall not have a final maturity on a date later than the termination date of the district. (c) Upon termination of the district, further ad valorem tax revenues shall not be distributed to the special fund of the district. (d) (1) The local governing body shall adopt upon the expiration of the time periods set forth in this section an ordinance terminating the redevelopment district. (2) A district shall not be terminated so long as bonds with respect to the district remain outstanding. Amended by Act 2023, No. 838,§ 1, eff. 8/1/2023. Acts 2001, No. 1197, § 9; 2005, No. 2231, § 2; 2009, No. 1181, § 2.

(a) A redevelopment district shall not be in existence for a period longer than twenty-five (25) years, unless under the original redevelopment plan or by amendment of the original redevelopment plan bonds have been issued and the bonds would not be fully paid until after the date that is twenty-five (25) years from the date of creation of the district.

(b) The local governing body may set a shorter period for the existence of the district and may also provide that bonds shall not have a final maturity on a date later than the termination date of the district.

(c) Upon termination of the district, further ad valorem tax revenues shall not be distributed to the special fund of the district.

(d) (1) The local governing body shall adopt upon the expiration of the time periods set forth in this section an ordinance terminating the redevelopment district. (2) A district shall not be terminated so long as bonds with respect to the district remain outstanding.

(1) The local governing body shall adopt upon the expiration of the time periods set forth in this section an ordinance terminating the redevelopment district.

(2) A district shall not be terminated so long as bonds with respect to the district remain outstanding.

Collected 2026-09-17T21:35:43Z. Source file · JSON

Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License

Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source

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