(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the "Water Performance Bond Fund".
(b) The fund shall consist of the following:
(1) Funds appropriated by the General Assembly;
(2) All forfeitures collected under ยง 8-4-201 et seq.;
(3) Grants made by a person or the federal government;
(4) Gifts and donations; and
(5) Interest earned on the moneys deposited into the fund.
(c) The fund shall be used by the Arkansas Department of Environmental Quality to hire a third-party contractor to:
(1) Take remedial action, including without limitation corrective action, the closure of a nonmunicipal domestic sewage treatment works, and any other action the Director of the Arkansas Department of Environmental Quality determines to be necessary; or
(2) Maintain and operate a nonmunicipal sewage treatment works.
Section: Previous 19-5-1130 19-5-1131 19-5-1134 19-5-1135 19-5-1136 19-5-1137 19-5-1138 19-5-1139 19-5-1140 19-5-1141 19-5-1142 19-5-1143 19-5-1144 19-5-1145 NextLast modified: November 15, 2016