Statutes, codes, and regulations
Arkansas Code of 1987
Title 15 - NATURAL RESOURCES AND ECONOMIC DEVELOPMENTSubtitle 1 - DEVELOPMENT OF ECONOMIC AND NATURAL RESOURCES GENERALLYChapter 4 - DEVELOPMENT OF BUSINESS AND INDUSTRY GENERALLY
Subchapter 6 - INDUSTRIAL REVENUE BOND GUARANTY LAW
Section 15-4-603 - Arkansas Economic Development Council empowered to grant or deny guaranty bonds

Ark. Code § 15-4-603

Download
PDF
Current with legislation from 2024 Fiscal and Special Sessions.
Section 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, 15-4-206, 15-4-209 - 15-4-212, and 15-4-501 - 15-4-525, is empowered to approve or deny by majority vote of the membership of the council the guaranty as provided in this subchapter of amortization payments on Act No. 9 bonds or ADFA bonds, subject to the provisions, restrictions, and conditions set forth in this subchapter.

Ark. Code § 15-4-603

Acts 1967, No. 173, § 2; A.S.A. 1947, § 9-560; Acts 1987 (1st Ex. Sess.), No. 39, § 1; 1997, No. 540, § 28; 1997, No. 778, § 2.