GroundRules
← Search the law
Arkansas · Snapshot open-us-law v2026.08, retrieved 2026-09-17

Ark. Code Ann. § 14-186-208: Warehouse facilities - Proposals for lease

Read at publisher ↗
Where this section sits in the code
  1. AR Code
  2. Title 14
  3. Chapter 186
  4. Subchapter 2

(a) Before entering into a new lease of existing warehouse facilities with a third-party lessor or a lease of new warehouse facilities with a third-party lessor under this subchapter, an authority shall: (1) Publicly solicit proposals for the leasing of the warehouse facilities on terms that are customary and usual in the commercial warehousing industry; and (2) Accept the proposal the authority deems to be commercially reasonable and in the best interest of the authority. (b) This section does not apply to a warehouse facility that: (1) An authority owns or plans to construct; and (2) Is leased to a third-party tenant. Amended by Act 2021, No. 515,§ 1, eff. 7/28/2021. Acts 1947, No. 167, §§ 2, 3; 1983, No. 622, §§ 1, 2; A.S.A. 1947, §§ 19-2721, 19-2722.

(a) Before entering into a new lease of existing warehouse facilities with a third-party lessor or a lease of new warehouse facilities with a third-party lessor under this subchapter, an authority shall: (1) Publicly solicit proposals for the leasing of the warehouse facilities on terms that are customary and usual in the commercial warehousing industry; and (2) Accept the proposal the authority deems to be commercially reasonable and in the best interest of the authority.

(1) Publicly solicit proposals for the leasing of the warehouse facilities on terms that are customary and usual in the commercial warehousing industry; and

(2) Accept the proposal the authority deems to be commercially reasonable and in the best interest of the authority.

(b) This section does not apply to a warehouse facility that: (1) An authority owns or plans to construct; and (2) Is leased to a third-party tenant.

(1) An authority owns or plans to construct; and

(2) Is leased to a third-party tenant.

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

Browse this collection