reglab/housing_qa huggingface dataset:
AR Code § 14-62-102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 62 - Revocation of Charter of a Municipal Corporation|§ 14-62-102. Revocation due to noncompliance

 (a)  (1) If the Legislative Joint Auditing Committee concludes the process under § 14-59-117 on a municipal corporation, and in the immediately subsequent three-year period the Legislative Joint Auditing Committee concludes the process a second time, the Legislative Joint Auditing Committee may notify the Attorney General and the Governor of its actions.  (2) The Attorney General shall file pleadings in the circuit court of the Sixth Judicial District to revoke the charter of the municipal corporation based on the notification under subdivision (a)(1) of this section.    (b) Upon a finding that the conditions under subsection (a) of this section have been met, the circuit court of the Sixth Judicial District shall revoke the charter of a municipal corporation under this section, and the clerk of the circuit court shall certify a transcript of the order under the official seal of the clerk and forward a copy of the transcript to the:  (1) Secretary of State;  (2) Arkansas Geographic Information Systems Office;  (3) Governor; and  (4) County judge of the county in which the municipal corporation is located.
AR Code § 14-62-103 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 62 - Revocation of Charter of a Municipal Corporation|§ 14-62-103. Surrender and repeal of charter

 (a)  (1) When the circuit court of the Sixth Judicial District issues an order revoking the charter of a municipal corporation under § 14-62-102, the order is effective upon the qualification and appointment of the receiver.  (2) Once an order becomes effective under subdivision (a)(1) of this section:  (A) The charter of the municipal corporation is surrendered and repealed;  (B) The population and territory governed under the charter are returned back to the county in which the municipal corporation is located, subject to the authority of the receiver appointed under § 14-62-104 and to the interests of creditors;  (C) The offices held under the charter are abolished;  (D) The power of taxation vested in or exercised by the municipal corporation is withdrawn, unless otherwise specified under this chapter;  (E)  (i) Title to all property, whether real, personal, mixed, tangible, or intangible, of the municipal corporation is transferred to the receiver appointed under § 14-62-104, unless otherwise specified under this chapter.  (ii)  (a) The receiver shall take immediate possession of and control over the property.  (b) The receiver shall execute any necessary documentation transferring his or her interest in the property to the county if the property is no longer needed for the purposes under this chapter;      (F) All ordinances, regulations, codes, or other laws promulgated by the municipal corporation and its agencies are repealed and are void; and  (G) All licenses, permits, and similar documents issued by the municipal corporation are void.      (b) Until a final order of dissolution is entered under § 14-62-114, the receiver appointed under § 14-62-104 shall continue to collect the share of:  (1) General revenue turnback funds, as defined in the Revenue Stabilization Law, § 19-5-101 et seq., that the municipal corporation is entitled to under § 27-70-207;  (2) County and state taxes that were being paid to the municipal corporation; and  (3) Any other funds, revenues, or fees as otherwise provided under this chapter.
AR Code § 14-62-105 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 62 - Revocation of Charter of a Municipal Corporation|§ 14-62-105. Reports and collections by receiver

 (a) Every six (6) months, a receiver for an extinct municipal corporation appointed under § 14-62-104 shall make to the circuit court of the Sixth Judicial District a clear and complete statement reflecting all moneys collected, all taxes collected and settled, and all taxes that remain to be collected and settled.  (b)  (1) The Department of Finance and Administration shall continue to administer and to collect as provided by law all sales and use taxes of the extinct municipal corporation.  (2) The department shall remit collection of the taxes under subdivision (b)(1) of this section to the receiver appointed under § 14-62-104.    (c)  (1)  (A) At least one (1) time per month, the receiver shall pay into the State Treasury the whole sum collected or received from taxes.  (B) The receiver shall distinguish the respective sources from which the moneys paid in are derived, reflecting what is collected from taxes for general purposes and what is collected for special purposes, and designating the general or special purpose, so that the moneys may be kept separate in the State Treasury.    (2)  (A) At least one (1) time per month, the receiver shall pay into a bank approved under § 19-8-105 the whole sum collected and received from any nontax revenue sources.  (B) The receiver shall distinguish the respective sources from which the moneys paid in are derived, so that the moneys may be kept separate in the bank under subdivision (c)(2)(A) of this section.
AR Code § 14-62-106 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 62 - Revocation of Charter of a Municipal Corporation|§ 14-62-106. Compensation of receiver

 (a) A receiver appointed under § 14-62-104 shall receive such compensation for his or her services as shall be fixed by the circuit court of the Sixth Judicial District.  (b) As the circuit court may allow, a receiver shall have credit for all taxes, expenses, attorney's fees, and other necessary disbursements in the execution of the receiver's duties, to be paid out of the funds collected by the receiver.  (c) If insufficient funds have been collected under this chapter to compensate the receiver, the circuit court may request the Governor to transfer adequate funds to compensate the receiver from the available funds.
AR Code § 14-62-107 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 62 - Revocation of Charter of a Municipal Corporation|§ 14-62-107. Audit of receiver

 A receiver appointed under § 14-62-104 is subject to audit by Arkansas Legislative Audit:   (1) At the request of the:  (A) Circuit court of the Sixth Judicial District; or  (B) County judge of the county in which the extinct municipal corporation was situated; or    (2) At the discretion of the Legislative Auditor.
AR Code § 14-62-108 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 62 - Revocation of Charter of a Municipal Corporation|§ 14-62-108. Proceedings to collect revenue due

 (a)  (1) For the purpose of collecting the revenue under this chapter, a receiver appointed under § 14-62-104 may file proceedings in the name of the receiver on behalf of all creditors and against taxpayers who owed taxes to the extinct municipal corporation, in cooperation with the Department of Finance and Administration under § 14-62-111.  (2) The proceedings shall be filed in the circuit court of the Sixth Judicial District.    (b) All pending lawsuits involving the extinct municipal corporation in connection with the collection of taxes or the payment of indebtedness are revived in the name of the receiver and consolidated with the proceedings provided for in this section, in cooperation with the Department of Finance and Administration under § 14-62-111.  (c)  (1)  (A) The circuit court may settle and adjust all equities, priorities, and liens and give all appropriate relief.  (B) The circuit court may enforce all liens upon property for the payment of the taxes and order and make all sales of property necessary to the collection of the taxes.  (C) The taxes embraced by this section, and which this section provides for, are all taxes imposed by the extinct municipal corporation before the revocation under this chapter and shall continue to be fully collected after the revocation under this chapter up to the time of the full accord and satisfaction of the indebtedness for which the taxes were levied, and no other taxes.    (2) The circuit court shall include in the proceedings only those taxpayers of the extinct municipal corporation so that no other citizens of the county shall be responsible for the payment of taxes owed to or the debts of the extinct municipal corporation, except as otherwise provided under this chapter or for other pledged or dedicated sales and use taxes of the extinct municipal corporation.  (3) The circuit court or receiver shall not raise any rate of taxation in effect as of the date of the entry of an order revoking the charter of a municipal corporation under § 14-62-102.
AR Code § 14-62-111 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 62 - Revocation of Charter of a Municipal Corporation|§ 14-62-111. Collection of sales and use taxes

 (a) If a receiver is appointed under § 14-62-104, sales and use taxes of the extinct municipal corporation shall continue to be collected in the manner provided by law by the Department of Finance and Administration, with the collections paid to the receiver for the benefit of the extinct municipal corporation.  (b) At the time a final order of dissolution is entered under § 14-62-114, the collection of sales and use taxes of the extinct municipal corporation shall cease, except as otherwise provided under this chapter.  (c) Delinquent sales and use taxes of the extinct municipal corporation shall continue to be collected in the manner provided by law, and the Department of Finance and Administration and the receiver shall cooperate in the collection of the delinquent sales and use taxes.
AR Code § 14-62-112 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 62 - Revocation of Charter of a Municipal Corporation|§ 14-62-112. Filing of claims — Appeals

 (a)  (1) If a party is dissatisfied with the decision of any litigated question under this chapter, he or she may have the question reheard upon appeal to the Supreme Court.  (2) Only so much of the record as pertains to the appeal shall form the transcript and record for the appeal.    (b)  (1) Except as provided under subdivision (b)(2) of this section, the costs shall be paid by the parties to the appeal as the Supreme Court may direct.  (2) If the receiver appointed under § 14-62-104 is a party to the litigation on behalf of creditors generally, the costs may be charged to the whole or to some particular fund if the Supreme Court deems proper and as right and justice may require.
AR Code § 14-62-113 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 62 - Revocation of Charter of a Municipal Corporation|§ 14-62-113. Payment of funds collected

 Funds collected under this chapter shall be paid out from time to time to those entitled to the funds and in such manner as the circuit court of the Sixth Judicial District may determine, on the warrant of the receiver appointed under § 14-62-104 and countersigned by the judge of the circuit court.
AR Code § 14-62-114 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 3 - Municipal Government|Chapter 62 - Revocation of Charter of a Municipal Corporation|§ 14-62-114. Final order of dissolution

 At the time of the full accord and satisfaction of the indebtedness of the municipal corporation whose charter is revoked under this chapter and upon the request of the receiver, the circuit court of the Sixth Judicial District shall enter a final order of dissolution.
AR Code § 14-71-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 71 - Fiscal Years|§ 14-71-101. County fiscal year — Accounting method for county budget and treasury audit purposes — Definition

 (a) The fiscal year of the counties of the state, covering each period of twelve (12) months, begins on January 1 of each year and ends at the close of business on December 31 of the same year.  (b)  (1) Counties shall use the modified accrual accounting basis for audit purposes.  (2)  (A) For county government and the regulatory basis of accounting under § 10-4-412(b)(2), “modified accrual accounting basis” is defined as an accounting system that recognizes revenues at the time revenues become available and measurable and expenditures at the time liabilities are incurred.  (B) Revenues and expenditures are accruable to the fiscal year as provided in subsection (c) of this section.      (c)  (1) Obligations incurred by a county on or before the end of the fiscal year that are not issued an accounts payable claim until the following fiscal year shall be posted to the prior fiscal year appropriations journal when paid within the first two (2) months of the following fiscal year.  (2)  (A) Revenues collected and owed to a county treasury before the end of the fiscal year and not remitted to the county treasury until the following fiscal year are accruable to the prior fiscal year when receipted by the county treasurer within the first two (2) months of the following fiscal year, except as provided in subdivision (c)(2)(C) of this section.  (B) Moneys received by the respective counties from the County Aid Fund are revenues of the year in which the moneys are received and are not revenues of the year in which the moneys were collected and paid into the State Treasury.  (C) Moneys received by the respective counties from the Treasurer of State representing county sales and use taxes are revenues of the year in which the moneys are received and are not revenues of the year in which the moneys were collected and paid into the State Treasury.      (d) The finance officers of the county shall keep and maintain records as required by law to account for accruable receivables or payables for audit purposes.
AR Code § 14-71-102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 71 - Fiscal Years|§ 14-71-102. Cities and towns

 The fiscal year of each city and town in this state shall begin with January 1 and end at 12:00 midnight on December 31 of each year.
AR Code § 14-73-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 73 - Local Government Reserve Funds|§ 14-73-101. Definitions

 As used in this chapter, unless the context otherwise requires:   (1) “Local government” means any:  (A) City of the first or second class;  (B) Incorporated town;  (C) County;  (D) School district;  (E) Improvement district; or  (F) Board, agency, or commission of the governments set out in subdivisions (1)(A)-(E) of this section including, but not limited to:  (i) Waterworks commission;  (ii) Sewer committee;  (iii) Airport commission;  (iv) Parking authority;  (v) Public transit authority;  (vi) Library commission;  (vii) Advertising and promotion commission; or  (viii) Port authority.      (2) “Improvement” means:  (A) Public works or projects authorized by law which are undertaken by a local government for public use or benefit including, but not limited to, streets and transportation facilities, waterworks facilities, sewer facilities, airports, parking facilities, drainage facilities, buildings, sidewalks, convention centers, schools, city halls, jails, fire stations, solid waste disposal facilities, courthouses, recreational facilities, stadiums, libraries, and hospitals; and  (B) Engineering and architectural fees and other development and acquisition costs of those public works or projects.    (3) “Governing body” means:  (A) The legislative body of any:  (i) City, town, or county;  (ii) Improvement district; or  (iii) School board; and    (B) The body or board authorized to operate a board, agency, or commission including, but not limited to, the board of commissioners of a waterworks commission, members of a sewer committee, the board of commissioners of an airport commission, members of a parking authority, the board of commissioners or directors of an improvement district, the board of directors of a public transit authority, members of an advertising and promotion commission, commissioners of a housing authority, board of trustees of a library, or members of a port authority.
AR Code § 14-73-102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 73 - Local Government Reserve Funds|§ 14-73-102. Authority to establish reserve for improvements

 (a) Any local government desiring to own, acquire, construct, reconstruct, remodel, equip, extend, operate, maintain, or otherwise provide improvements may establish a reserve for those improvements so that the costs thereof may be accumulated out of revenues from year to year.  (b) The reserve shall be authorized by resolution of the governing body, provided that a reserve for a local government board, agency, or commission shall also be approved by resolution of the governing body creating the board, agency, or commission.
AR Code § 14-73-103 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 73 - Local Government Reserve Funds|§ 14-73-103. Trust agreement

 (a) The reserve fund shall be established by written agreement with a trustee independent from the local government. The trust agreement shall contain:  (1) A description of the improvements for which the reserve is established;  (2) A covenant that the reserve funds will not be used for any purpose other than the purposes described in the trust agreement;  (3) A covenant by the trustee that all sums in the reserve fund will be invested by the trustee in a manner consistent with the “prudent man” rule, as authorized and defined by §§ 28-71-105 and 28-71-106;  (4) A covenant by the trustee to disburse the reserve funds only to the contractor or to a trustee for bonds or notes issued to finance the improvements or to disburse the reserve funds in such manner that they will be applied to the acquisition, construction, reconstruction, remodeling, equipping, extending, operating, maintaining, or providing the improvements;  (5) A term for the agreement which shall not exceed twenty-one (21) years.    (b) A trust agreement in which a city, town, or county is a party shall specify that each payment to the reserve fund shall be a separate contract with the trustee and shall specifically limit the amount of payments to the reserve fund in any fiscal year to the amount of the appropriation to the reserve fund for that fiscal year.  (c) The trust agreement may contain provisions providing for the trustee's fee, if any, to be paid from the reserve funds held in trust.
AR Code § 14-73-104 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 73 - Local Government Reserve Funds|§ 14-73-104. Payment of funds into reserve

 After the execution of the trust agreement, the local government may, during the fiscal year in which the agreement is executed and in subsequent fiscal years, appropriate, pay, or disburse the funds into the reserve as the governing body may determine during those fiscal years.
AR Code § 14-74-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 74 - Taxing Agencies — Borrowing and Bankruptcy|§ 14-74-101. Chapter cumulative

 The provisions of this chapter shall be cumulative to any similar provisions of law now in effect.
AR Code § 14-74-102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 74 - Taxing Agencies — Borrowing and Bankruptcy|§ 14-74-102. Enumeration of taxing agencies and instrumentalities

 The taxing agencies and instrumentalities to which this chapter is applicable shall be all those recited in those acts of the United States Congress and that may be recited in any amendment thereof, including the following:   All the taxing agencies or instrumentalities hereinafter named, payable:   (1) Out of assessments or taxes, or both, levied against and constituting liens upon property in any of the taxing agencies or instrumentalities;  (2) Out of property acquired by foreclosure of the assessments or taxes or both;  (3) Out of income derived by the taxing agencies or instrumentalities from the sale of water or power or both, or any combination thereof; or  (4) From any combination of:  (A) Drainage, drainage and levee, levee, reclamation, water, irrigation, or other similar districts, commonly designated as agricultural improvement districts or local improvement districts, organized or created for the purpose of constructing, improving, maintaining, and operating certain improvements or projects devoted chiefly to the improvement of lands therein for agricultural purposes;  (B) Local improvement districts such as sewer, paving, sanitary, or other similar districts, organized or created for the purposes designated by their respective names;  (C) Local improvement districts such as road, highway, or other similar districts, organized or created for the purpose of grading, paving, or otherwise improving public streets, roads, or highways;  (D) Public school districts or public school authorities organized or created for the purpose of constructing, maintaining, and operating public schools or public school facilities;  (E) Local improvement districts such as port, navigation, or other similar districts, organized or created for the purpose of constructing, improving, maintaining, and operating ports and port facilities; or  (F) A city, town, village, borough, township, or other municipality, a receiver of a city, town, village, borough, township, or municipality, or an improvement district of a public utility created under § 14-62-109(c)(5).
AR Code § 14-74-103 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 74 - Taxing Agencies — Borrowing and Bankruptcy|§ 14-74-103. Authority to use federal finance laws — Bankruptcy

 (a) Any and all the taxing agencies or instrumentalities named in § 14-74-102 shall have the right and power to:  (1) Avail themselves of any and all acts of the United States Congress providing for the lending of money to such districts and for the refinancing, refunding, adjustment, or composition of indebtedness of taxing agencies and any amendments or additional laws the United States Congress may adopt in that behalf; and  (2) Proceed in the district courts of the United States in bankruptcy or in any other federal courts given like jurisdiction by voluntary proceedings in accordance with those acts of the United States Congress and any amendments thereto.    (b) This chapter expresses the consent of the state for the institution of bankruptcy proceedings by all such taxing agencies acting through their governing boards, through a receiver under § 14-74-102(4)(F), or through an improvement district under § 14-74-102(4)(F).
AR Code § 14-74-104 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 74 - Taxing Agencies — Borrowing and Bankruptcy|§ 14-74-104. Authority to refinance, refund, etc

 Any and all of the taxing agencies and instrumentalities set out in § 14-74-102 acting through their governing boards shall have the right to cooperate with and to borrow from the Reconstruction Finance Corporation and with any and all other governmental agencies, and with creditors, banks, trust companies, and other private or public lending agencies in refinancing and refunding and effecting compositions or the debts of the taxing agencies and instrumentalities and to issue refunding bonds, certificates of indebtedness, notes, and other securities to refinance debts and to pledge the assessments, revenues, and income of the taxing agencies or instrumentalities for the repayment of the refunding bonds, notes, certificates, and securities and to take any and all steps reasonably necessary to complete the refinancing or refunding programs and debt compositions.