Arkansas § 14-140-203 - Market authorities.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-140-203 — Market authorities., with citation guidance and answers to common questions.
§ 14-140-203. Market authorities.
The city council or other governing body of any city or incorporated town is authorized to create a market authority within its jurisdiction for the purpose of establishing public market facilities. The market authority shall consist of five (5) members. The members shall be appointed by the mayor and approved by the council or other legislative body of the city creating the authority. These members shall be qualified electors residing in the city, incorporated town, or territory served by the market authority and cannot hold any elective office of the city, town, county, or state. The members of the authority shall be appointed for periods of one (1), two (2), three (3), four (4), and five (5) years respectively, so that the term of one (1) member shall expire each year after the creation of the authority. Upon the termination of office of each member, his successor shall be appointed for a term of five (5) years and shall serve until his successor shall have been appointed and qualifies. The members of the authority shall receive no compensation for their services. The authority shall have authority to employ such persons as it deems necessary in furtherance of its duties under this subchapter. The employees authorized by this section shall be chosen by the members of the market authority of the respective city or town.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-140-203
What does Arkansas Code of 1987 Annotated § 14-140-203 cover?
Section 14-140-203 ("Market authorities.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 14-140-203?
A common citation format is "Arkansas Code of 1987 Annotated § 14-140-203" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 14-140-203 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.