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Section 22-1-101 - Sale of surplus commodities to not-for-profit organizations before offer for sale to public - Definitions — Arkansas Law | CourtGPT
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  7. Section 22-1-101 - Sale of surplus commodities to not-for-profit organizations before offer for sale to public - Definitions
Arkansas Legal Code

Section 22-1-101 - Sale of surplus commodities to not-for-profit organizations before offer for sale to public - Definitions

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(a) As used in this section:(1) 'Commodities' means commodities under § 19-11-203; and(2) 'Not-for-profit organization' means a private corporation under § 4-28-201 et seq. that: (A) Has a benevolent, philanthropic, patriotic, or charitable purpose; and(B) Performs a function that would be performed at the public expense if it were not performed by the organization.(b) Before a state, county, or municipal government entity offers surplus commodities for sale to the public, the state, county, or municipal government entity:(1) Shall consider offers by not-for-profit organizations for the surplus commodities made by not-for-profit organizations; and(2) May accept a reasonable bid or offer for the surplus commodities from a not-for-profit organization.Added by Act 2013, No. 1020,§ 2, eff. 8/16/2013.