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15-14-107. Arkansas Retirement Community Program Fund Account.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-14-107. Arkansas Retirement Community Program Fund Account.
The Arkansas Retirement Community Program Fund Account is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State and shall be funded by the fees collected under § 15-14-104. All moneys collected under the account shall be deposited into the State Treasury to the credit of the account as special revenues. Moneys in the account may be appropriated to the Arkansas Institute for Economic Advancement of the University of Arkansas at Little Rock only for the purposes of this chapter, including the payment of administrative and personnel costs of the Arkansas Association of Development Organizations connected with administering the Arkansas Retirement Community Program.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-14-107
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Stable record: arkansas_code:legal_authorities:15-14-107
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 20ec399b6805e21582b52985648421af4a58b99891d39b60b53a941b3110d202
Source location: content.xml paragraph 12297
Stored source content
15-14-107. Arkansas Retirement Community Program Fund Account.
The Arkansas Retirement Community Program Fund Account is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State and shall be funded by the fees collected under § 15-14-104. All moneys collected under the account shall be deposited into the State Treasury to the credit of the account as special revenues. Moneys in the account may be appropriated to the Arkansas Institute for Economic Advancement of the University of Arkansas at Little Rock only for the purposes of this chapter, including the payment of administrative and personnel costs of the Arkansas Association of Development Organizations connected with administering the Arkansas Retirement Community Program.
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Arkansas Code — all titles (historical 2020) · legal_authorities
15-14-104. Eligibility.
(a) To be eligible to be an Arkansas retirement community, an applicant community, acting through a board or panel that serves as the applicant community's official program sponsor, shall:
(1) Complete a retiree desirability assessment, as developed by the Arkansas Association of Development Organizations, to include facts regarding crime statistics, tax information, recreational opportunities, housing availability, and other appropriate factors, including criteria listed in subsection (b) of this section;
(2) Work to gain the support of churches, clubs, businesses, media, and other entities as necessary for the success of the Arkansas Retirement Community Program in the applicant community;
(3) Identify emergency medical services and hospitals within a seventy-five-mile radius of the community; and
(4) Submit to the association:
(A) An application fee in an amount equal to the greater of:
(i) Two thousand five hundred dollars ($2,500); or
(ii) Twenty-five cents (25¢) multiplied by the population of the applicant community, as determined by the most recent federal decennial census;
(B) An annual renewal fee equal to the greater of:
(i) Two thousand five hundred dollars ($2,500); or
(ii) Twenty-five cents (25¢) multiplied by the population of the applicant community, as determined by the most recent federal decennial census;
(C) A marketing plan detailing the mission as applied to the applicant community, the target market, the competition, an analysis of the applicant community's strengths, weaknesses, opportunities, and dangers and the strategies the applicant community will employ to attain the goals of the program; and
(D) A long-term plan outlining the steps the applicant community will undertake to maintain its desi
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-14-104
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 15-14-104. This identifies an authority to review, not proof of applicability.