Browse Arkansas Code titles and sections
15-4-603. Arkansas Economic Development Council empowered to grant or deny guaranty bonds.
Arkansas Code — all titles (historical 2020) · legal_authorities
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.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-4-603
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:15-4-603
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 3779e52bf710ab93f5b7c6e5bf3931b2d74fda3adfb6fe47a93d94f973e42357
Source location: content.xml paragraph 2301
Stored source content
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.
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Arkansas Code — all titles (historical 2020) · legal_authorities
15-4-101. Title.
This act shall be referred to and may be cited as the “Arkansas Industrial Development Act”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-4-101
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 15-4-101. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-4-102. Construction.
(a) This section and §§ 15-4-101, 15-4-201 — 15-4-204, 15-4-206, 15-4-209, 15-4-210, and § 15-4-501 et seq. shall be construed liberally.
(b) The enumeration of any object, purpose, power, manner, method, or thing shall not be deemed to exclude like or similar objects, purposes, powers, manners, methods, or things.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-4-102
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 15-4-102. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-4-201. Arkansas Economic Development Council — Creation.
There is created and established at the seat of government of this state a council to be known as the “Arkansas Economic Development Council”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-4-201
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 15-4-201. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-4-204. Arkansas Economic Development Council — Functions, powers, and duties.
(a) The Arkansas Economic Development Council may serve in an advisory capacity to the Director of the Arkansas Economic Development Commission, the Governor, and the General Assembly.
(b) A primary function of the council is to approve the issuance of guaranties of amortization payments on Act No. 9 bonds under the Industrial Revenue Bond Guaranty Law, § 15-4-601 et seq.
(c) The addition or elimination of international offices of the Arkansas Economic Development Commission by the commission shall first be approved by the council.
(d) By a majority vote, the council may establish or dissolve committees and subcommittees as needed.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-4-204
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 15-4-204. This identifies an authority to review, not proof of applicability.