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§ 27-89-204. Consent of Congress — Effect

The commission shall have power to apply to the Congress of the United States for its consent and approval of the compact; in the absence of consent of Congress and until the compact shall have been secured, the compact shall be binding upon the State of Arkansas in all respects permitted by law for the […]

§ 27-89-301. Text of compact

The Chairman of the State Highway Commission of the State of Arkansas, acting on behalf of this state, is authorized to execute a compact, to be known as the “Arkansas-Mississippi Great River Bridge Construction Compact,” in substantially the following form, with the State of Mississippi, and the General Assembly signifies in advance its approval and […]

§ 27-89-305. Use of state funds — Appropriation necessary for construction funds

The State Highway Commission is authorized to use moneys appropriated for the operation of the Arkansas Department of Transportation for payment of the State of Arkansas’s pro rata share of the administrative costs of the compact authority, but shall have no authority to authorize, or contract for, the use of moneys in the State Highway […]

§ 27-90-201. Definitions

As used in this subchapter, unless the context otherwise requires: (1) “Bonds”, “turnpike revenue bonds”, or “revenue bonds” means revenue bonds or notes of the State Highway Commission authorized under and issued under this subchapter; (2) “Commission” means the State Highway Commission; (3) (A) “Costs” or “project costs” means all direct and indirect costs incurred […]

§ 27-88-114. Sinking fund for payment of bonds

At or before the issuance of any bonds, the State Highway Commission shall: (1) By resolution provide for a sinking fund for the payment of the principal of the bonds and the interest thereon and for the payment of the charges of banks or trust companies for making payment of the principal and interest; and […]

§ 27-87-402. Record — Distribution

(a) The court shall state on its record the rates of toll or ferriage which may be demanded for ferrying passengers, vehicles, beasts, and other property usually transported by ferries. (b) The clerk shall make out a copy of ferriage rates under his or her official signature and give it to the person procuring a […]

§ 27-87-403. Ferries in competition with state-owned toll bridges

(a) All ferries operating in competition with state-owned toll bridges shall be subject to regulation as to ferry rates by the State Highway Commission and the rates to be charged shall be the same as the traffic rates prevailing upon the state-owned toll bridge with which the ferry is operated in competition. (b) Any ferrykeeper […]