Arkansas Code Title 15, Subtitle 1, Chapter 5, Subchapter 1 - Arkansas Development Finance Authority Act -- General Provisions

  • § 15-5-101 - Title.
    This subchapter, §§ 15-5-201 -- 15-5-211, 15-5-213, and 15-5-301 -- 15-5-316 shall be referred to as and may be cited as the "Arkansas Development...
  • § 15-5-102 - Legislative Findings and Declaration of Public Necessity.
    (a) The General Assembly finds: (1) (A) That there exists severe economic instability in traditional national and international markets for goods and services produced...
  • § 15-5-103 - Definitions.
    As used in this subchapter, §§ 15-5-201 -- 15-5-211, 15-5-213, 15-5-301 -- 15-5-316, § 15-5-401 et seq., and § 15-5-701 et seq.: (1) "Aggregate...
  • § 15-5-104 - Construction.
    (a) This subchapter and §§ 15-5-201 -- 15-5-211, 15-5-213, and 15-5-301 -- 15-5-316 shall be liberally construed.(b) Nothing contained in this subchapter and §§...
  • § 15-5-105 - Subchapters Supplemental.
    (a) Except as stated in § 15-5-303, it is the specific intent of this subchapter and §§ 15-5-201 -- 15-5-211, 15-5-213, and 15-5-301 --...
  • § 15-5-106 - Bonds.
    The Arkansas Development Finance Authority is authorized to issue bonds for residential community developments.

Last modified: November 15, 2016