Ark. Code § 14-96-201

Current with legislation from 2024 Fiscal and Special Sessions.
Section 14-96-201 - Definitions

As used in this subchapter:

(1) "Broadband improvement district" means an improvement district established for the purpose of providing or aiding in the development and maintenance of broadband internet service and deemed a special-purpose unit of local government under 41 C.F.R. § 105-50.001-4;
(2) "Broadband internet service" means the provision of regulated or nonregulated connectivity to a high-speed, high-capacity transmission medium that can carry signals from multiple independent network carriers over electric power lines, communication lines, antennas, and related facilities, whether above or below ground;
(3) "Broadband system" means the infrastructure, materials, equipment, and other facilities installed to facilitate the provision of broadband internet service;
(4) "Party" means:
(A) A municipal improvement district formed under § 14-88-201 et seq.;
(B) A suburban improvement district formed under § 14-92-201 et seq.;
(C) A property owners' improvement district formed under the Property Owners' Improvement District Law, § 14-93-101 et seq.;
(D) A municipal property owners' improvement district formed under the Municipal Property Owner's Improvement District Law, § 14-94-101 et seq.;
(E) A horizontal property regime or property owners' association formed under the Horizontal Property Act, § 18-13-101 et seq.; or
(F) A rural development authority formed under the Rural Development Authority Act, § 14-188-101 et seq.;
(5) "Private actor" means a cooperative, corporation, general partnership, limited liability company, limited partnership, joint venture, business trust, public benefit corporation, nonprofit entity, or other private business entity that is experienced in the construction, financing, implementation, maintenance, or operation of the facilities to be acquired or constructed; and
(6) "Public-private partnership" means a partnership between a party and a private actor.

Ark. Code § 14-96-201

Added by Act 2021, No. 795,§ 5, eff. 7/28/2021.