Arkansas § 14-304-107 - Authority to contract.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-304-107 — Authority to contract., with citation guidance and answers to common questions.
§ 14-304-107. Authority to contract.
Any municipal parking authority created pursuant to the provisions of this chapter, is authorized to enter into contracts with any other public agency or with any private person or firm for the operation, maintenance, and management of any one (1) or more off-street automobile parking facilities established by the authority. Any contract shall be for such term, not to exceed twenty (20) years, and may contain such provisions as shall be approved by the parking authority. The contract shall be an obligation only of the authority, payable solely from revenues derived from parking facilities under the jurisdiction of the authority, and shall not constitute an obligation or indebtedness of the municipality within the meaning of any constitutional or statutory limitations. All such contracts entered into prior to June 28, 1985, are ratified and confirmed.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-304-107
What does Arkansas Code of 1987 Annotated § 14-304-107 cover?
Section 14-304-107 ("Authority to contract.") 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 § 14-304-107?
A common citation format is "Arkansas Code of 1987 Annotated § 14-304-107" (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 § 14-304-107 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.