Arkansas Code § 15-4-3608 - Cure Period -- Notice of Noncompliance

(a) Enforcement of each of the recapture provisions under ยง 15-4-3607 is subject to a six-month cure period.

(b) Recapture shall not occur until the Arkansas Economic Development Commission has given the qualified community development entity written notice of its noncompliance and has afforded the qualified community development entity six (6) months from the date of the notice to cure the noncompliance.

Section: Previous  15-4-3602  15-4-3603  15-4-3604  15-4-3605  15-4-3606  15-4-3607  15-4-3608  15-4-3609  15-4-3610  15-4-3611  15-4-3612  15-4-3613  15-4-3614    Next

Last modified: November 15, 2016