(a) No municipality shall have the power to regulate prices for goods, rentals, or services sold or performed within the municipality by individuals or firms.(b) Nothing in this section shall prohibit municipalities from establishing prices for goods, rentals, or services furnished by, or performed by, the municipality or an instrumentality thereof.Acts 1971, No. 266, § 4; 1971, No. 537, § 1; A.S.A. 1947, § 19-1045.
Arkansas Legal Code