Arkansas Code Title 15, Subtitle 1, Chapter 4, Subchapter 6 - Industrial Revenue Bond Guaranty Law

• § 15-4-601 - Title.
  This subchapter shall be referred to and may be designated as the "Industrial Revenue Bond Guaranty Law".
• § 15-4-602 - Definitions.
  As used in this subchapter: (1) "Act No. 9 bonds" means revenue bonds issued in accordance with the provisions of the Municipalities and Counties...
• § 15-4-603 - Arkansas Economic Development Council Empowered to Grant or Deny Guaranty Bonds.
  The Arkansas Economic Development Council, called the "council", in addition to all the duties and functions defined in §§ 15-4-101, 15-4-102, 15-4-201 -- 15-4-204,...
• § 15-4-604 - When Bonds May Be Guaranteed -- Standards and Regulations for Evaluations.
  (a) Amortization payments on Act No. 9 bonds and ADFA bonds may be guaranteed in instances when: (1) Substantial employment is involved; (2) The...
• § 15-4-605 - Revenue Bond Guaranty Reserve Account -- Investment of Funds.
  (a) The Arkansas Economic Development Council is authorized to: (1) (A) Establish a Revenue Bond Guaranty Reserve Account, sometimes referred to in this subchapter...
• § 15-4-606 - Evidence to Support Guaranty -- Review of Applications.
  (a) (1) (A) Each county or municipality requesting a guaranty under this subchapter shall submit to the Arkansas Economic Development Council evidence showing conformity...
• § 15-4-607 - Power to Accept Grants.
  The Arkansas Economic Development Council is authorized to accept grants to its Revenue Bond Guaranty Reserve Account from any federal agencies, municipalities, corporations, foundations,...
• § 15-4-608 - Guaranty Agreement Provisions.
  Guaranty agreements entered into by the Arkansas Economic Development Council under the provisions of this subchapter with respect to Act No. 9 bonds issued...
• § 15-4-609 - Regulations.
  (a) The Arkansas Economic Development Council is authorized and directed to conduct such investigation as it may determine necessary for the promulgation of regulations...

Last modified: November 15, 2016