Arkansas Code § 15-5-318 - Primary Administration of Federal Allocations of Private Activity and Governmental Volume Cap

(a) (1) Except as provided in subsection (b) of this section, the Arkansas Development Finance Authority is hereby recognized as the primary administrator of federal allocations of private activity and governmental volume cap that are and may be allocated to the State of Arkansas by the United States Department of the Treasury.

(2) All plans, policies, and procedures developed for the administration of volume cap allocations will be subject to the Arkansas Administrative Procedure Act, § 25-15-201 et seq.

(b) This section shall not apply to § 15-5-601 et seq.

Section: Previous  15-5-305  15-5-306  15-5-307  15-5-308  15-5-309  15-5-310  15-5-311  15-5-312  15-5-313  15-5-314  15-5-315  15-5-316  15-5-317  15-5-318  

Last modified: November 15, 2016