Arkansas Code Title 15, Subtitle 1, Chapter 5, Subchapter 6 - Allocation of State Ceiling

• § 15-5-601 - Bonds Affected.
  (a) This subchapter shall be effective for the calendar year 2001 and thereafter and may be relied upon by issuers of affected bonds, beneficiaries...
• § 15-5-602 - Delegation of Functions.
  The President of the Arkansas Development Finance Authority may delegate in writing functions under this subchapter to other officers and employees within the Arkansas...
• § 15-5-603 - Aggregate Percentages Allocated.
  (a) The aggregate of the state ceiling for the State of Arkansas for each calendar year shall be allocated on a percentage basis as...
• § 15-5-604 - Filing by Issuer of Reservation of Volume Cap and Notice of Issuance of Bonds.
  (a) In order to reserve an allocation of the state ceiling to an issue of affected bonds prior to the issuance by delivery and...
• § 15-5-605 - Special Rules for Allocation of Volume Cap for Multifamily Residential Housing Bonds.
  (a) Notwithstanding § 15-5-604(c), the priority allocation of volume cap to multifamily residential housing bonds, whether the bonds are issued by the Arkansas Development...
• § 15-5-606 - Balance of State Ceiling -- Carry Forwards.
  (a) (1) (A) Volume cap that has not been allocated by the end of the calendar year may be allocated by the President of...
• § 15-5-607 - Records of Filings.
  (a) The Arkansas Development Finance Authority shall maintain continuous cumulative records of the filings made under this subchapter.(b) For such a purpose, the filings...
• § 15-5-608 - Acceptable Forms.
  Filings made under this subchapter and notice of issuance of bonds given under this subchapter and carryforward elections shall be substantially in the forms...
• § 15-5-609 - Filing Fee.
  The Arkansas Development Finance Authority may charge each issuer of affected bonds a filing fee for establishing its compliance with the Internal Revenue Code...
• § 15-5-610 - Allocation of 2008 Housing Act Volume Cap.
  (a) The 2008 Housing Act Volume Cap shall be allocated one hundred percent (100%) to the Arkansas Development Finance Authority to finance qualified housing...

Last modified: November 15, 2016