{"data":{"id":"us-ar/ark.-code-ann.-14-54-203","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 14-54-203","heading":"Contents required","body":"(a) Every agreement or contract entered into by a municipality of this state as authorized in § 14-54-202 shall specify the following: (1) Its duration; (2) The precise organization, composition, and nature of any separate legal or administrative entity created thereby, together with the powers delegated thereto, provided such entity may be legally created; (3) Its purpose; (4) The manner of financing the joint or cooperative undertaking and of establishing and maintaining a budget therefor, or in the case of an agreement whereby one (1) municipality agrees to furnish specified services or facilities to the other municipality, the financial arrangement therefor; (5) The permissible methods to be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon such partial or complete termination; and (6) Any other necessary and proper matters. (b) If the agreement does not establish a separate legal entity to conduct the joint or cooperative undertaking, the agreement shall, in addition to subdivisions (1) through (6) enumerated [sic] subsection (a) of this section, contain the following: (1) Provision for an administrator or a joint board responsible for administering the joint or cooperative undertaking. In the case of a joint board, municipalities party to the agreement shall be represented; (2) The manner of acquiring, holding, and disposing of real and personal property used in the joint or cooperative undertaking. Acts 1965, No. 7, §§ 3, 4; A.S.A. 1947, §§ 19-2339, 19-2340.\n\n(a) Every agreement or contract entered into by a municipality of this state as authorized in § 14-54-202 shall specify the following: (1) Its duration; (2) The precise organization, composition, and nature of any separate legal or administrative entity created thereby, together with the powers delegated thereto, provided such entity may be legally created; (3) Its purpose; (4) The manner of financing the joint or cooperative undertaking and of establishing and maintaining a budget therefor, or in the case of an agreement whereby one (1) municipality agrees to furnish specified services or facilities to the other municipality, the financial arrangement therefor; (5) The permissible methods to be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon such partial or complete termination; and (6) Any other necessary and proper matters.\n\n(1) Its duration;\n\n(2) The precise organization, composition, and nature of any separate legal or administrative entity created thereby, together with the powers delegated thereto, provided such entity may be legally created;\n\n(3) Its purpose;\n\n(4) The manner of financing the joint or cooperative undertaking and of establishing and maintaining a budget therefor, or in the case of an agreement whereby one (1) municipality agrees to furnish specified services or facilities to the other municipality, the financial arrangement therefor;\n\n(5) The permissible methods to be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon such partial or complete termination; and\n\n(6) Any other necessary and proper matters.\ncase of an agreement whereby one (1) municipality agrees to furnish specified services or facilities to the other municipality, the financial arrangement therefor;\n\n(5) The permissible methods to be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon such partial or complete termination; and\n\n(6) Any other necessary and proper matters.\n\n(b) If the agreement does not establish a separate legal entity to conduct the joint or cooperative undertaking, the agreement shall, in addition to subdivisions (1) through (6) enumerated [sic] subsection (a) of this section, contain the following: (1) Provision for an administrator or a joint board responsible for administering the joint or cooperative undertaking. In the case of a joint board, municipalities party to the agreement shall be represented; (2) The manner of acquiring, holding, and disposing of real and personal property used in the joint or cooperative undertaking.\n\n(1) Provision for an administrator or a joint board responsible for administering the joint or cooperative undertaking. In the case of a joint board, municipalities party to the agreement shall be represented;\n\n(2) The manner of acquiring, holding, and disposing of real and personal property used in the joint or cooperative undertaking.","path":["AR Code","Title 14","Chapter 54","Subchapter 2"],"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":"60f48717b1b2b1a0c78642235d389fcf0d2a2ddccbb5101602b416b6383e4fa3","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-14-54-202","next":"us-ar/ark.-code-ann.-14-54-204"},"notice":"GroundRules: Original legal text. Not legal advice."}