{"data":{"id":"us-ar/ark.-code-ann.-14-176-103","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 14-176-103","heading":"Authorization for obtaining and appropriating money","body":"(a) A municipality or county may obtain or appropriate money for a corporation, association, institution, political subdivision of the state, the United States Government, or an individual to: (1) Finance economic development projects; or (2) Provide economic development services. (b) Funds appropriated by a municipality or county under the authority of this section shall be deemed to further the public purpose of economic development. Added by Act 2017, No. 685,§ 1, eff. 8/1/2017.\n\n(a) A municipality or county may obtain or appropriate money for a corporation, association, institution, political subdivision of the state, the United States Government, or an individual to: (1) Finance economic development projects; or (2) Provide economic development services.\n\n(1) Finance economic development projects; or\n\n(2) Provide economic development services.\n\n(b) Funds appropriated by a municipality or county under the authority of this section shall be deemed to further the public purpose of economic development.","path":["AR Code","Title 14","Chapter 176"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"6706c12012768bb8bf558d51851ba59df86d9977c127ee3f778187c14f6a6759","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-14-176-102","next":"us-ar/ark.-code-ann.-14-176-104"},"notice":"GroundRules: Original legal text. Not legal advice."}