(a) The Securities Commissioner shall make grant payments under this subchapter from:
(1) Funds appropriated by the General Assembly for that purpose; or
(2) Excess funds transferred under ยง 20-17-1025(f) to the insolvent cemetery grant fund from the insolvent cemetery loan fund.
(b) The Arkansas Cemetery Board shall not grant more than thirty-five thousand dollars ($35,000) in a fiscal year to an eligible organization for the care and improvement of a perpetual care cemetery that is insolvent or in financial distress under this subchapter.
Section: Previous 20-17-1302 20-17-1303 20-17-1304 20-17-1305 20-17-1306 20-17-1307 20-17-1308 NextLast modified: November 15, 2016