Arkansas § 14-188-121 - Federal aid and assistance.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-188-121 — Federal aid and assistance., with citation guidance and answers to common questions.
§ 14-188-121. Federal aid and assistance.
In addition to the powers conferred upon a rural development authority by other provisions of this chapter, an authority is empowered to borrow money or accept grants or other financial assistance from the federal government for, or in aid of, any development project within its area of operation. To these ends, an authority may comply with such conditions and enter into such mortgages, trust indentures, leases, or agreements as may be necessary, convenient, or desirable. It is the purpose and intent of this section to authorize every authority to do any and all things necessary or desirable to secure the financial aid or cooperation of the federal government in the undertaking, construction, maintenance, or operation of any development project and in any other activity or undertaking of the authority.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-188-121
What does Arkansas Code of 1987 Annotated § 14-188-121 cover?
Section 14-188-121 ("Federal aid and assistance.") 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 § 14-188-121?
A common citation format is "Arkansas Code of 1987 Annotated § 14-188-121" (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 § 14-188-121 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.