reglab/housing_qa huggingface dataset:
AR Code § 14-74-105 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 74 - Taxing Agencies — Borrowing and Bankruptcy|§ 14-74-105. Participation by state departments

 Any department of this state authorized by any law of this state to purchase, own, or hold as security any bonds issued by any agencies or districts enumerated in the previous provisions of this chapter is authorized and empowered to give its consent to and participate in any plan, composition, or arrangement for the readjustment or refunding of the bonded indebtedness of any of the districts or agencies set out in § 14-74-102.
AR Code § 14-75-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 75 - Management Letter for Audit|§ 14-75-101. Definition

 For the purpose of this chapter, a “political subdivision” shall not include levy districts, drainage districts, or any other improvement districts.
AR Code § 14-75-102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 75 - Management Letter for Audit|§ 14-75-102. Letter required

 Any political subdivision of the State of Arkansas engaging the services of a certified public accountant for the purpose of statutorily required audits shall require the certified public accountant to issue, in addition to the audit report, what is commonly referred to in the accounting profession as a management letter.
AR Code § 14-75-103 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 75 - Management Letter for Audit|§ 14-75-103. Contents of letter

 The management letter shall include:   (1) Comments by the certified public accountant as to his observations on the system of internal control employed by the political subdivision;  (2) Exceptions to statutory provisions;  (3) Requirements which may have been noted by the certified public accountant; and  (4) Any recommendations or suggestions the certified public accountant may desire to make to the subdivision under audit.
AR Code § 14-75-104 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 75 - Management Letter for Audit|§ 14-75-104. Furnishing copy to Legislative Joint Auditing Committee

 (a) The political subdivision shall supply the Legislative Joint Auditing Committee with one (1) copy of the management letter in addition to the required copy of the audit report.  (b) The management letter shall be forwarded to the committee with the audit report.
AR Code § 14-77-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 77 - Local Fiscal Management Responsibility Act|§ 14-77-101. Title

 This chapter may be known and cited as the “Local Fiscal Management Responsibility Act”.
AR Code § 14-77-103 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 77 - Local Fiscal Management Responsibility Act|§ 14-77-103. Compliance with fiscal responsibility and management laws — Investigation

 (a) All public officers and employees shall comply with the provisions of the fiscal management and responsibility laws contained in this chapter.  (b) Upon discovery or notification of an alleged violation of the fiscal responsibility and management laws, the executive officer of the political subdivision shall investigate such allegations and take appropriate administrative action.  (c) After completing the investigation, if the executive officer of the political subdivision determines that one (1) or more of the fiscal responsibility and management laws have been violated, the facts and circumstances relating to a violation and any corrective or remedial action shall be documented and placed in the personnel files of the public officer or employee involved in the violation.
AR Code § 14-77-104 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 77 - Local Fiscal Management Responsibility Act|§ 14-77-104. Notification of violation

 (a) The executive officer of the political subdivision shall notify the public officer or employee of its findings and any corrective or remedial action to be taken.  (b) Notification shall be made in a manner ensuring actual notice to the public officer or employee.  (c) The public officer or employee shall be notified that the failure to make corrective or remedial action within thirty (30) days after the date of notification creates the rebuttable presumption that the violation was committed knowingly.
AR Code § 14-77-105 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 77 - Local Fiscal Management Responsibility Act|§ 14-77-105. Remedial or corrective action

 The public officer or employee violating a fiscal responsibility and management law shall be given not more than thirty (30) days from the date of notification to effect corrective or remedial action recommended by the executive director of the political subdivision. Failure to make corrective or remedial action within thirty (30) days after notification creates the rebuttable presumption that the violation was committed knowingly.
AR Code § 14-77-106 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 77 - Local Fiscal Management Responsibility Act|§ 14-77-106. Investigation by prosecuting attorney

 (a) If the executive officer determines that there has been a violation of the fiscal responsibility and management laws, the executive officer may request the appropriate prosecuting attorney to conduct an investigation regarding the violation.  (b) The Legislative Joint Auditing Committee may request the appropriate prosecuting attorney to conduct an investigation regarding violations of the fiscal responsibility and management laws documented in the audit report.  (c) The prosecuting attorney shall conduct a timely investigation into all matters referred to him under the provisions of this chapter. If the prosecuting attorney fails to conduct a timely investigation or file a civil suit under the provisions of this chapter, the executive officer or the Legislative Joint Auditing Committee may request the Attorney General to conduct an investigation into the violations.
AR Code § 14-77-107 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 77 - Local Fiscal Management Responsibility Act|§ 14-77-107. Civil suit by prosecuting attorney

 After conducting an investigation into the alleged violations, the appropriate prosecuting attorney or the Attorney General may file a civil suit in circuit court against the public officer or employee alleged to have violated the fiscal responsibility and management laws. Venue shall be in the county where the political subdivision is located.
AR Code § 14-77-108 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 77 - Local Fiscal Management Responsibility Act|§ 14-77-108. Civil penalty

 If the public officer or employee is found by the court to have knowingly violated the provisions of the fiscal responsibility and management laws, the court shall impose a civil penalty upon the public officer or employee of not less than one hundred dollars ($100), nor more than one thousand dollars ($1,000) for each violation, and may subject the public officer or employee to the payment of damages resulting as a direct consequence of any violation.
AR Code § 14-77-109 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 77 - Local Fiscal Management Responsibility Act|§ 14-77-109. Recovery of costs

 (a) If the public officer or employee is found by the court to have knowingly violated the provisions of the fiscal responsibility and management laws, the prosecuting attorney or the Attorney General shall be allowed to recover costs and attorney fees associated with the civil suit from the public officer or employee.  (b) Any costs or fees recovered by a prosecuting attorney under this provision shall be deposited into an account administered by the prosecuting attorney and shall be used for expenses of the office.  (c) Any costs or fees recovered by the Attorney General under this provision shall be deposited into the State Treasury.
AR Code § 14-77-110 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 77 - Local Fiscal Management Responsibility Act|§ 14-77-110. Civil procedures apply

 All actions and procedures under the provisions of this chapter are civil in nature and shall be governed by the appropriate rules, regulations, and laws regarding civil actions and remedies.
AR Code § 14-77-111 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 77 - Local Fiscal Management Responsibility Act|§ 14-77-111. Existing remedies not impaired

 The provisions of this chapter are supplemental to any other remedies available by law. In addition, the provisions of this chapter do not limit or diminish any civil rights or administrative procedures available to any public officer or employee or political subdivision.
AR Code § 14-78-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 78 - Local Government Short-Term Financing Obligations|§ 14-78-101. Title

 This chapter shall be referred to and may be cited as the “Local Government Short-Term Financing Obligations Act of 2001”.
AR Code § 14-78-102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 78 - Local Government Short-Term Financing Obligations|§ 14-78-102. Definitions

 As used in this chapter, unless the context otherwise requires:   (1) “Chief executive” means the mayor of a municipality or the county judge of a county;  (2) “County” means any county in the State of Arkansas;  (3) “Issue” means, depending on the type of obligation, to issue, enter into, or incur;  (4) “Issue date” means the date on which the obligation commences to bear interest;  (5) “Issuer” means a municipality or a county;  (6) “Legislative body” means the quorum court of a county or the council, board of directors, board of commissioners, or similar elected governing body of a municipality;  (7) “Mortgage lien” means a lien on or security interest in real property or personal property, financed or refinanced, in whole or in part, with the proceeds of obligations;  (8) “Obligations” means short-term financing obligations;  (9) “Short-term financing agreement” means any loan agreement, line of credit agreement, note purchase agreement, security agreement, mortgage, trust indenture, or other agreement, other than the short-term financing obligation itself, pursuant to which a short-term financing obligation is secured, sold, or otherwise provided for; and  (10) “Short-term financing obligations” means “short-term financing obligations” within the meaning of Arkansas Constitution, Amendment 78.
AR Code § 14-78-104 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 78 - Local Government Short-Term Financing Obligations|§ 14-78-104. Refunding obligations

 (a) Obligations may be issued under this chapter to refund any outstanding short-term financing obligations issued pursuant to Arkansas Constitution, Amendment 78, whether or not issued under this chapter.  (b)  (1) Refunding obligations may be either sold for cash or delivered in exchange for the outstanding obligations being refunded.  (2) If sold for cash, the proceeds may be applied to the payment of the obligations refunded or deposited in irrevocable trust for the retirement thereof, either at maturity or on an authorized redemption date.    (c) Refunding obligations shall in all respects be authorized, issued, and secured in the manner provided in this section.  (d) Refunding obligations shall mature not later than five (5) years beyond the issue date for the obligations being refunded.
AR Code § 14-78-105 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 78 - Local Government Short-Term Financing Obligations|§ 14-78-105. Obligations may be secured by mortgage lien

 (a) The ordinance or short-term financing agreement may impose or authorize the imposition of a forecloseable mortgage lien upon the property financed or refinanced, in whole or in part, with the proceeds of obligations issued under this chapter.  (b) The nature and extent of the mortgage lien may be controlled by the ordinance or short-term financing agreement, including provisions pertaining to the release of all or part of the land, buildings, facilities, and equipment from the mortgage lien, the priority of the mortgage lien in the event of successive issues of obligations, and authorizing any owner of obligations, or a trustee on behalf of all owners, either at law or in equity, to enforce the mortgage lien and, by proper suit, compel the performance of the duties of the officials of the issuer set forth in this chapter, the ordinance or short-term financing agreement authorizing the securing of the obligations.  (c) Obligations which are discharged or are secured by deposit in irrevocable trust shall not be taken into account in determining the aggregate principal amount outstanding for the purpose of Arkansas Constitution, Amendment 78, § 2.
AR Code § 14-78-106 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 78 - Local Government Short-Term Financing Obligations|§ 14-78-106. Tax exemption

 Obligations issued under this chapter and all amounts treated as interest thereon shall be exempt from all state, county, and municipal taxes.
AR Code § 14-78-107 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 78 - Local Government Short-Term Financing Obligations|§ 14-78-107. Obligations are negotiable instruments

 Unless set forth in the ordinance, obligation, or short-term financing agreement, all obligations issued under the provisions of this chapter are negotiable instruments within the meaning of the negotiable instruments law of the state.
AR Code § 14-78-108 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 78 - Local Government Short-Term Financing Obligations|§ 14-78-108. Nonliability

 No officer, employee, or member of the legislative body of the issuer shall be personally liable for any obligations issued under the provisions of this chapter or for any damages sustained by any person in connection with any contracts entered into to carry out the purposes and intent of this chapter, unless the person acted with corrupt intent.
AR Code § 14-78-109 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 78 - Local Government Short-Term Financing Obligations|§ 14-78-109. Supplemental nature of this chapter

 (a) The provisions of this chapter are supplemental to constitutional or statutory provisions now existing or later adopted which may provide for the financing of real or personal property.  (b) Nothing contained in this chapter shall be deemed to be a restriction or limitation upon alternative means of financing previously available or made available to municipalities or counties for the purposes of this chapter.  (c)  (1) It is hereby recognized that Arkansas Constitution, Amendment 78, is self-executing.  (2) Nothing contained in this chapter shall be deemed to require a municipality or county to utilize the provisions of this chapter in authorizing and issuing short-term financing obligations under Arkansas Constitution, Amendment 78.
AR Code § 14-78-110 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 4 - Public Finance Generally|Chapter 78 - Local Government Short-Term Financing Obligations|§ 14-78-110. Construction

 This chapter shall be construed liberally to effectuate the legislative intent and the purposes of this chapter as complete and independent authority for the performance of every act and thing authorized, and all powers granted under this chapter shall be broadly interpreted to effectuate the intent and purposes, and not as a limitation of powers.
AR Code § 14-87-101 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 87 - Reorganization or Consolidation of Improvement Districts|§ 14-87-101. Purpose

 This chapter is not intended to repeal or modify any existing law but to furnish other and better methods than those existing for refunding the indebtedness of any reorganizing improvement districts.
AR Code § 14-87-102 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 87 - Reorganization or Consolidation of Improvement Districts|§ 14-87-102. Definitions

 As used in this chapter, unless the context otherwise requires:   (1) “Taxing district” means any road, drainage, levee, or other local improvement district in which proceedings for the refunding of the indebtedness or the reorganization of the district are instituted;  (2) “Subsidiary district” means any local improvement district whose indebtedness, or a part thereof, is assumed or absorbed by a taxing district;  (3) “Original district” means any local improvement district, all or a part of whose territory is embraced in a subsidiary district, or a part of whose indebtedness is being assumed by a taxing district.
AR Code § 14-87-103 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 87 - Reorganization or Consolidation of Improvement Districts|§ 14-87-103. Jurisdiction over proceedings

 (a) The proceedings prescribed by any special or general law for the refunding of any improvement district bonds or the reorganization of any improvement district may be begun and had in the chancery court of the proper county the same as in any county or circuit court provided by law under which the district was originally created.  (b) Chancery courts are given complete jurisdiction to hear and determine these matters.
AR Code § 14-87-104 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 87 - Reorganization or Consolidation of Improvement Districts|§ 14-87-104. Records and transcripts

 (a) Where an improvement district is located in more than one (1) county, records of the proceedings shall be made in each of the counties whose lands are embraced in the district.  (b) Transcript of records imposing liens on any lands properly certified shall be recorded in the proper records of mortgage in the county where the land affected is located.
AR Code § 14-87-105 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 87 - Reorganization or Consolidation of Improvement Districts|§ 14-87-105. Implementation and expenses

 (a) The court in which the proceedings prescribed in this chapter are had shall provide such facilities and instrumentalities for effecting the purposes of the district as may be deemed advisable.  (b) The necessary expenses shall be determined by the court and shall be borne by the taxing district involved.
AR Code § 14-87-106 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 87 - Reorganization or Consolidation of Improvement Districts|§ 14-87-106. Reorganization of districts

 (a)  (1) Proceedings instituted under any general or special law for refunding the indebtedness of any improvement district may include the reorganization of the governing body of the district.  (2) The reorganization shall be effected by the same court or board as is given the authority and jurisdiction under the law to provide for the refunding of the bonds of the district.    (b)  (1) The membership of the governing body may be reduced or increased as may be deemed advisable.  (2)  (A) Pending the election of any additional members, if the law creating the district prescribes that they be elected, additional members shall be appointed by the court or board where the proceedings are had and shall be made in compliance with the petition of the petitioners prosecuting the proceedings.  (B) It is mandatory upon any court or board to appoint the additional members named in any petition of fifty-one percent (51%) or more of the owners in assessed value of the real estate of the district.      (c) Any reorganized board shall have the same power, be given the same rights, have imposed upon it the same duties, and be selected in the same manner as was the old board.  (d) The reorganization of the district may include:  (1) The change of the name of the district;  (2) The method of collecting taxes;  (3) The keeping of records;  (4) The handling of funds of the district; and  (5) The doing of anything that would not operate to impair the outstanding obligations of the district.
AR Code § 14-87-107 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 87 - Reorganization or Consolidation of Improvement Districts|§ 14-87-107. Consolidation of districts

 (a) Where lands of a road, levee, drainage, or other local improvement district are included, in whole or in part, in another district whose indebtedness is being refunded, the first district may become a subsidiary district of the second or taxing district insofar as related to those lands of the first district which may be embraced or included in the second district.  (b) Consolidation may be effected at the same time, in the same manner, and in the same proceeding as is the refunding of the indebtedness of the taxing district.
AR Code § 14-87-108 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 87 - Reorganization or Consolidation of Improvement Districts|§ 14-87-108. Refunding bonds of consolidated district

 (a) Where a subsidiary district is established as provided in § 14-87-107, the indebtedness of the subsidiary district may be refunded in the same manner as is provided for the refunding of the indebtedness of the taxing districts.  (b) The governing body of the taxing district may take up all or a part of the indebtedness of the subsidiary district, including such annual maturities of principal or interest as may be allotable to the lands of the subsidiary district included in the taxing district.  (c) In order to enable the taxing district to pay such indebtedness, it may issue and sell the refunding bonds or certificates of indebtedness either of the taxing or subsidiary district.
AR Code § 14-87-109 (2020)
2020 Arkansas Code|Title 14 - Local Government|Subtitle 5 - Improvement Districts Generally|Chapter 87 - Reorganization or Consolidation of Improvement Districts|§ 14-87-109. Allocation and assumption of debt

 (a) Such part of the indebtedness, principal or interest, of the original district growing out of the cost of the local improvement as has been allocated, or may be allocable, to the lands of the subsidiary district, or may, from time to time, be so allocable to and chargeable against the lands of the subsidiary district in the way of special improvement taxes, may be assumed and paid by the taxing district from a fund produced by the sale of its bonds or certificates of indebtedness.  (b) In the assumption of the debts of the subsidiary district, the taxing district shall be subrogated with respect to liens, pledges, and such other provisions relating to securities for the debt assumed as belonged to the original district of which the subsidiary district was a part.