Arkansas § 15-23-905 - Port Priority Improvement Program.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-23-905 — Port Priority Improvement Program., with citation guidance and answers to common questions.
§ 15-23-905. Port Priority Improvement Program.
The Arkansas Waterways Commission's rules for the Port Priority Improvement Program shall, as a minimum: Provide for the commission to administer the program authorized under this subchapter; Require the commission to take the necessary actions to ensure that the funds are used for the purposes for which they are to be awarded and that they are expended in accordance with all state laws and local ordinances and procedures and regulations; Specify: The procedure for receiving applications; Who is eligible to apply; The goals and objectives of the program for public port infrastructure development; and The procedures for awarding funds; Require the public port authority to file a performance review report with the commission for three (3) consecutive years following completion of the project comparing actual benefits with the projected benefits associated with the project as stated in the application for funding; Require that each public port authority provide matching funds equal to at least ten percent (10%) of the estimated cost of the port infrastructure project for which an application is made; Provide that eligible port infrastructure development projects shall be only for capital improvement projects and shall not be used for any routine maintenance or operational expenses; and Provide that no individual port shall receive more than twenty percent (20%) of the total amount available for public port infrastructure development projects.
Frequently Asked Questions About Arkansas § 15-23-905
What does Arkansas Code of 1987 Annotated § 15-23-905 cover?
Section 15-23-905 ("Port Priority Improvement Program.") 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 § 15-23-905?
A common citation format is "Arkansas Code of 1987 Annotated § 15-23-905" (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 § 15-23-905 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.