Legal Opinion

Opinion No.

Arkansas Attorney General Reports

Decided October 31, 1980Published

1Opinion of the Court

The Honorable Knox Nelson State Senator Post Office Box 5715 Pine Bluff, AR 71601

The Honorable J. Gayle Windsor, Jr. State Representative 1040 Tower Building Little Rock, AR 72201

RE: Lease Purchase Contracts by Counties and Municipalities

Gentlemen:

This letter is in response to the requests for opinions from each of you and from numerous prosecuting attorneys around the State regarding the validity of counties and municipalities entering into lease purchase agreements for equipment.

The pertinent provisions of most of the leases are described as follows:

The lease is of personal property over a…

2Cases cited7 opinions

  1. Goodwin v. StateSupreme Court of Arkansas · 1962
  2. Stanfield v. FriddleSupreme Court of Arkansas · 1932
  3. Mississippi Valley Power Co. v. Board of Improvement, Water Works District No. 1Supreme Court of Arkansas · 1932
  4. Warren v. StateSupreme Court of Arkansas · 1960
  5. Austin v. ManningSupreme Court of Arkansas · 1950

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