The Arkansas Natural Resources Commission shall:
(1) Administer the loan and grant programs authorized under this subchapter;
(2) Take necessary action to ensure that the funds are used for the purposes established in this subchapter and in accordance with state and federal laws; and
(3) In accordance with the Arkansas Administrative Procedure Act, ยง 25-15-201 et seq., promulgate such rules and regulations and procedures necessary for the operation of this program.
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