Arkansas Code Title 15, Subtitle 1, Chapter 5, Subchapter 9 - Construction Assistance Revolving Loans

• § 15-5-901 - Fund -- Establishment -- Uses -- Accounts.
  (a) (1) (A) There is established on the books of the Arkansas Natural Resources Commission a special restricted fund to be known as the...
• § 15-5-902 - Fund -- Administration.
  (a) (1) The Construction Assistance Revolving Loan Fund shall be administered by the Arkansas Natural Resources Commission. (2) The commission may establish procedures and...
• § 15-5-903 - Fund -- Grants -- Deposits -- Cash Funds.
  (a) The Arkansas Natural Resources Commission and the Arkansas Development Finance Authority as agent for the commission are authorized to accept grants for the...
• § 15-5-904 - Fees for Technical and Administrative Services.
  (a) (1) The Arkansas Natural Resources Commission may establish and collect fees for its technical and administrative services in connection with the planning, design,...
• § 15-5-905 - Federal Grants Deposited Into Fund.
  (a) The Arkansas Natural Resources Commission and the Arkansas Development Finance Authority may accept moneys for deposit into the Construction Assistance Revolving Loan Fund...
• § 15-5-906 - Security for Bonds.
  (a) The Arkansas Natural Resources Commission and, with the approval of the commission, the Arkansas Development Finance Authority may use the moneys in the...
• § 15-5-907 - Substitution of Loans -- Forgiveness of Principal.
  (a) The Arkansas Natural Resources Commission may remove any loan, bond, note, or other evidence of indebtedness purchased with moneys in the Construction Assistance...
• § 15-5-908 - Withholding General Revenue Turnback.
  (a) Should any city, town, county, or political subdivision receiving general revenue turnback funds, as defined in the Revenue Stabilization Law, § 19-5-101 et...
• § 15-5-909 - Definitions.
  As used in this subchapter: (1) "Administrative account" means the Construction Assistance Administrative Account established by this subchapter within the Construction Assistance Revolving Loan...
• § 15-5-910 - Interest Rates on Loans.
  (a) The loans made and bonds, notes, and other evidences of indebtedness purchased with moneys in the Construction Assistance State Revolving Loan Fund shall...

Last modified: November 15, 2016