§ 14-186-214. Deposit and payment of funds

AR Code § 14-186-214 (2018) (N/A)
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(a) All municipal port authority funds shall be deposited in banks to be designated by the authority.

(b) No funds of the authority shall be disbursed except for a purpose authorized by this subchapter and only when the account or expenditure for which it is to be given in payment has been approved by the authority.