Arkansas Code § 15-4-3221 - Monitoring and Reporting

(a) The Arkansas Economic Development Commission shall require audits of all accounts related to construction, operation, or maintenance of any qualified Amendment 82 project funded by this subchapter.

(b) The Arkansas Economic Development Commission is responsible for monitoring and reporting to the Arkansas Development Finance Authority, the Governor, and the General Assembly on the ongoing economic impact of the project and the sponsor's progress in meeting the terms and conditions under the Amendment 82 agreement and this subchapter.

(c) The Arkansas Economic Development Commission and the authority, as applicable, shall require the sponsor to comply with all reporting and auditing requirements of the United States Securities and Exchange Commission or other state or federal regulatory agency that may have jurisdiction over the sponsor.

Section: Previous  15-4-3211  15-4-3212  15-4-3213  15-4-3214  15-4-3215  15-4-3216  15-4-3217  15-4-3218  15-4-3219  15-4-3220  15-4-3221  15-4-3222  15-4-3223  15-4-3224    Next

Last modified: November 15, 2016