Arkansas Code § 14-164-528

Municipality not authorized to acquire utility
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Nothing in this subchapter shall be construed to authorize any municipality to issue or sell revenue bonds or use the proceeds thereof to purchase, condemn, or otherwise acquire a utility plant or distribution system owned or operated by a regulated public utility. Acts 1985, No. 1017, § 13; A.S.A. 1947, § 13-1284.
Nothing in this subchapter shall be construed to authorize any municipality to issue or sell revenue bonds or use the proceeds thereof to purchase, condemn, or otherwise acquire a utility plant or distribution system owned or operated by a regulated public utility. Acts 1985, No. 1017, § 13; A.S.A. 1947, § 13-1284.
Nothing in this subchapter shall be construed to authorize any municipality to issue or sell revenue bonds or use the proceeds thereof to purchase, condemn, or otherwise acquire a utility plant or distribution system owned or operated by a regulated public utility. Acts 1985, No. 1017, § 13; A.S.A. 1947, § 13-1284.
Nothing in this subchapter shall be construed to authorize any municipality to issue or sell revenue bonds or use the proceeds thereof to purchase, condemn, or otherwise acquire a utility plant or distribution system owned or operated by a regulated public utility.
Acts 1985, No. 1017, § 13; A.S.A. 1947, § 13-1284.

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