Chapter 5 - Arkansas Development Finance Authority
- Subchapter 1 - Arkansas Development Finance Authority Act -- General Provisions
- Subchapter 2 - Arkansas Development Finance Authority Act -- Administration
- § 15-5-201 - Creation of authority.
- § 15-5-202 - Board of directors -- Members.
- § 15-5-203 - Board officers and employees.
- § 15-5-204 - Prohibition on personal interests in contracts.
- § 15-5-205 - Board meetings.
- § 15-5-206 - [Repealed.]
- § 15-5-207 - Rights, powers, privileges, and duties of authority.
- § 15-5-208 - Services of public entities to authority -- Expenses.
- § 15-5-209 - Disposition and use of funds.
- § 15-5-210 - Annual report.
- § 15-5-211 - Dissolution of the authority.
- § 15-5-212 - Approval of Legislative Council for certain matters.
- § 15-5-213 - Correction Facilities Construction Fund.
- § 15-5-214 - Criminal background check.
- Subchapter 3 - Arkansas Development Finance Authority Act -- Bonds
- § 15-5-301 - Power to issue bonds.
- § 15-5-302 - Underwriters and experts.
- § 15-5-303 - Exclusive issuer of revenue bonds for public facilities.
- § 15-5-304 - Exclusive issuer of mortgage bonds.
- § 15-5-305 - Authorized investors.
- § 15-5-306 - Tax exemption.
- § 15-5-307 - Request to issue certain bonds.
- § 15-5-308 - Notice of issue -- Disapproval.
- § 15-5-309 - Authorizing resolution and trust indenture -- Terms and qualities of bonds.
- § 15-5-310 - Sale.
- § 15-5-311 - Execution.
- § 15-5-312 - Statement on face of bond -- Security.
- § 15-5-313 - Pledge valid and binding -- Lien.
- § 15-5-314 - Refunding bonds.
- § 15-5-315 - Securing deposit of public funds.
- § 15-5-316 - No personal liability.
- § 15-5-317 - Power to enter into an interest rate exchange agreement or similar agreement or contract.
- Subchapter 4 - Arkansas Development Finance Authority Bond Guaranty Act of 1985
- § 15-5-401 - Title.
- § 15-5-402 - Legislative findings and declaration of public necessity.
- § 15-5-403 - Definitions.
- § 15-5-404 - Power of authority to grant or deny guaranty bonds.
- § 15-5-405 - When bonds may be guaranteed.
- § 15-5-406 - Standards and regulations for evaluations.
- § 15-5-407 - Bond Guaranty Reserve Account -- Investment of funds.
- § 15-5-408 - Evidence to support guaranty -- Premium payment.
- § 15-5-409 - Review of applications.
- § 15-5-410 - No private right against authority under 15-5-408 and 15-5-409.
- § 15-5-411 - Grants to fund.
- § 15-5-412 - Guaranty agreement provision.
- § 15-5-413 - Regulations -- Remedies.
- § 15-5-414 - Authority to use money committed to other projects.
- § 15-5-415 - Issuance of bonds to provide additional moneys.
- § 15-5-416 - Authorizing resolution.
- § 15-5-417 - Trust indenture.
- § 15-5-418 - Execution of bonds and coupons -- Temporary notes or bonds.
- § 15-5-419 - Sale of bonds -- Statement on face of bond.
- § 15-5-420 - Obligation of authority -- Disposition of proceeds.
- § 15-5-421 - Bond debt service amount.
- § 15-5-422 - Moneys for Correction Facilities Construction Fund.
- Subchapter 5 - Arkansas Private Activity Bond Allocation Act of 1985
- Subchapter 6 - Allocation of State Ceiling
- § 15-5-601 - Bonds affected.
- § 15-5-602 - Delegation of functions.
- § 15-5-603 - Aggregate percentages allocated.
- § 15-5-604 - Filing by issuer of reservation of volume cap and notice of issuance of bonds.
- § 15-5-605 - Special rules for allocation of volume cap for multifamily residential housing bonds.
- § 15-5-606 - Balance of state ceiling -- Carry forwards.
- § 15-5-607 - Records of filings.
- § 15-5-608 - Acceptable forms.
- § 15-5-609 - Filing fee.
- § 15-5-610 - Allocation of 2008 Housing Act Volume Cap.
- Subchapter 7 - Arkansas Development Finance Authority Small Business Act of 1989
- § 15-5-701 - Title.
- § 15-5-702 - Legislative findings and declaration of public necessity.
- § 15-5-703 - Definitions.
- § 15-5-704 - Duty of authority.
- § 15-5-705 - Funding or guarantee of loans -- Conditions.
- § 15-5-706 - Evaluation of small-business persons.
- § 15-5-707 - Small Business Revolving Loan Fund -- Investment of funds.
- § 15-5-708 - Applications -- Supporting documents.
- § 15-5-709 - Applications -- Review -- Confidentiality and public disclosure -- Notice.
- § 15-5-710 - Liability of authority's members and staff.
- § 15-5-711 - Grants to fund.
- § 15-5-712 - Power to make grants and loans.
- § 15-5-713 - Funding of qualified investments.
- Subchapter 8 - Rural and Agricultural Development
- Subchapter 9 - Construction Assistance Revolving Loans
- § 15-5-901 - Fund -- Establishment -- Uses -- Accounts.
- § 15-5-902 - Fund -- Administration.
- § 15-5-903 - Fund -- Grants -- Deposits -- Cash funds.
- § 15-5-904 - Fees for technical and administrative services.
- § 15-5-905 - Federal grants deposited into fund.
- § 15-5-906 - Security for bonds.
- § 15-5-907 - Substitution of loans -- Forgiveness of principal.
- § 15-5-908 - Withholding general revenue turnback.
- § 15-5-909 - Definitions.
- § 15-5-910 - Interest rates on loans.
- Subchapter 10 - Water Resources and Waste Disposal Revolving Loan Fund
- Subchapter 11 - Arkansas Capital Access Program for Small Business Act of 1993
- § 15-5-1101 - Title.
- § 15-5-1102 - Legislative findings and declaration of public necessity.
- § 15-5-1103 - Definitions.
- § 15-5-1104 - Contracts with financial institutions for capital access -- Contents of contract.
- § 15-5-1105 - Capital Access Fund -- Use -- Investment earnings -- Administrative expenses.
- § 15-5-1106 - Loss reserve accounts -- Limitation on amount.
- § 15-5-1107 - Enrollment of qualified loan in program -- Procedure -- Fee -- Transfers to loss reserve account.
- § 15-5-1108 - Claims for reimbursement of losses -- Amounts subject to reimbursement.
- § 15-5-1109 - Rules.
- § 15-5-1110 - Financial report of Capital Access Fund.
- Subchapter 12 - Petroleum Storage Tank Trust Fund Bond Financing Act
- § 15-5-1201 - Title.
- § 15-5-1202 - Purpose.
- § 15-5-1203 - Definitions.
- § 15-5-1204 - Issuance of revenue bonds by the authority.
- § 15-5-1205 - Petroleum Storage Tank Trust Fund Revenue Bond Debt Service Fund -- Pledged fees.
- § 15-5-1206 - Petroleum Storage Tank Trust Fund Revenue Bond Debt Service Fund -- Payment of debt service -- Tax exemption.
- § 15-5-1207 - Petroleum Storage Tank Trust Fund Revenue Bond Debt Service Fund -- Expiration of provision.
- § 15-5-1208 - Refunding bonds.
- § 15-5-1209 - Eligible security.
- § 15-5-1210 - Subchapter cumulative of other laws.
- Subchapter 13 - Affordable Neighborhood Housing Tax Credit Act of 1997
- § 15-5-1301 - Title.
- § 15-5-1302 - Definitions.
- § 15-5-1303 - Affordable housing assistance activities and affordable housing units -- Business firms proposing to provide -- Procedure for approval and tax credit.
- § 15-5-1304 - Tax credits authorized -- Amount allowed annually -- Exceeded when -- Upper limits set -- Carryover permitted.
- § 15-5-1305 - Rules and regulations.
- Subchapter 14 - Venture Capital Investment Act Of 2001
- Subchapter 15 - Arkansas Brownfield Revolving Loan Fund Act
- § 15-5-1501 - Title.
- § 15-5-1502 - Definitions.
- § 15-5-1503 - Brownfield Revolving Loan Fund -- Establishment -- Uses.
- § 15-5-1504 - Brownfield Revolving Loan Fund -- Sources -- Deposits.
- § 15-5-1505 - Brownfield Revolving Loan Fund -- Administration.
- § 15-5-1506 - Loans -- Grants.
- § 15-5-1507 - Allocation from Treasurer of State.
- § 15-5-1508 - Security for bonds.
- § 15-5-1509 - Administrative fees.
- § 15-5-1510 - Collection of fees.
- § 15-5-1511 - Regulations.
- Subchapter 16 - Arkansas Risk Capital Matching Fund Act of 2007
- § 15-5-1601 - Title.
- § 15-5-1602 - Legislative intent.
- § 15-5-1603 - Definitions.
- § 15-5-1604 - Creation of Arkansas Risk Capital Matching Fund.
- § 15-5-1605 - Funding of Arkansas Risk Capital Matching Fund.
- § 15-5-1606 - Private sector advisory committee.
- § 15-5-1607 - Review committee.
- § 15-5-1608 - Annual report.
- § 15-5-1609 - Powers of the trustees of the Venture Capital Investment Trust.
- Subchapter 17 - Arkansas Housing Trust Fund Act of 2009
- § 15-5-1701 - Title.
- § 15-5-1702 - Legislative intent.
- § 15-5-1703 - Definitions.
- § 15-5-1704 - Establishment of Arkansas Housing Trust Fund.
- § 15-5-1705 - Sources and deposits -- Administration of Arkansas Housing Trust Fund -- Responsibilities of the Arkansas Development Finance Authority.
- § 15-5-1706 - Creation of Arkansas Housing Trust Fund Advisory Committee.
- § 15-5-1707 - Roles and responsibilities of the Arkansas Housing Trust Fund Advisory Committee.
- § 15-5-1708 - Purposes and uses of the Arkansas Housing Trust Fund.
- § 15-5-1709 - Minimum requirements -- Distribution of funds -- Application evaluation guidelines.