Arkansas Code Title 15, Subtitle 1, Chapter 4, Subchapter 3 - Minority Business Economic Development Act
- § 15-4-301 - Title.
This subchapter shall be known and may be cited as the "Minority Business Economic Development Act".
- § 15-4-302 - Purpose.
(a) The General Assembly finds that it is the policy of the State of Arkansas to support equal opportunity as well as economic development...
- § 15-4-303 - Definitions.
As used in this subchapter: (1) (A) "Exempt" means goods and services classified as exempt for the purpose of administering this subchapter. (B) The...
- § 15-4-304 - Creation.
The Division of Minority Business Enterprise of the Arkansas Economic Development Commission: (1) Is established and confirmed within the commission under the jurisdiction of...
- § 15-4-305 - Administrator.
The head of the Division of Minority Business Enterprise of the Arkansas Economic Development Commission is the Administrator of the Division of Minority Business...
- § 15-4-306 - Duties.
The Division of Minority Business Enterprise of the Arkansas Economic Development Commission shall: (1) Provide technical, managerial, and counseling services and assistance to minority...
- § 15-4-307 - Minority Business Advisory Council.
(a) The Division of Minority Business Enterprise of the Arkansas Economic Development Commission shall be represented by a statewide Minority Business Advisory Council and...
- § 15-4-308 - Administration.
(a) The Division of Minority Business Enterprise of the Arkansas Economic Development Commission and the Office of State Procurement of the Department of Finance...
- § 15-4-309 - Exempt Contracts.
Upon the approval of the Minority Business Advisory Council, the Division of Minority Business Enterprise of the Arkansas Economic Development Commission and the Office...
- § 15-4-310 - Minority Business Officer.
(a) Each state agency shall designate an individual as its minority business officer.(b) The minority business officer shall be the person within the agency...
- § 15-4-311 - Annual Minority Purchasing Plan.
(a) Prior to June 30 each year, each state agency shall submit to the Division of Minority Business Enterprise of the Arkansas Economic Development...
- § 15-4-312 - State Agencies to Submit Reports.
The Minority Business Advisory Council shall require each state agency to produce within fifteen (15) days of the close of each three-month period a...
- § 15-4-313 - Accelerated Payments.
To ensure that minority businesses are not financially hindered due to delays in payment by state agencies entering into contracts with minority businesses under...
- § 15-4-314 - Minority Business Enterprises Certification Process.
(a) The Division of Minority Business Enterprise of the Arkansas Economic Development Commission shall promulgate rules to create a certification process for minority business...
- § 15-4-315 -- 15-4-320 - [Repealed.]
Last modified: November 15, 2016