Statutes > Arkansas Statutes > Title 14 - Local Government > Subtitle 11 - Economic Development Improvement Districts, Facilities, And Authorities > Chapter 186 - Harbors And Port Facilities Generally > Subchapter 4 - Joint Operation of Ports by Municipalities and Counties > § 14-186-406 - Lease of port.

§ 14-186-406 - Lease of port.

14-186-406. Lease of port.

The municipalities or counties desiring to avail themselves of the benefit of this subchapter and to join in the issuance of bonds as provided in this subchapter shall have the power to lease the port to an operating person, company, or corporation in such manner and upon such terms as may be deemed to be in the best interest of the municipalities or counties.