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15-5-1505. Brownfield Revolving Loan Fund — Administration.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-5-1505. Brownfield Revolving Loan Fund — Administration.
(a)(1) The Brownfield Revolving Loan Fund shall be administered by the Division of Environmental Quality, with the Arkansas Development Finance Authority serving as agent for the division.
(2) The division may establish procedures to administer the fund and the programs financed, in whole or in part, with moneys from the fund that are used for the purposes stated under this subchapter.
(3) The division may enter into contracts and other agreements in connection with the operation of the fund, including contracts and agreements with federal agencies, local governmental entities, the authority, and other persons, to implement this subchapter.
(b) The division shall have full authority to operate the fund and may make withdrawals as necessary to achieve the intended purposes of this subchapter.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-5-1505
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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Record provenance
Stable record: arkansas_code:legal_authorities:15-5-1505
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 911a2ef0c649797d78c6ada2a13da1db6d56e5373c6b58711d0c3e17ff2fff65
Source location: content.xml paragraph 9463
Stored source content
15-5-1505. Brownfield Revolving Loan Fund — Administration.
(a)(1) The Brownfield Revolving Loan Fund shall be administered by the Division of Environmental Quality, with the Arkansas Development Finance Authority serving as agent for the division.
(2) The division may establish procedures to administer the fund and the programs financed, in whole or in part, with moneys from the fund that are used for the purposes stated under this subchapter.
(3) The division may enter into contracts and other agreements in connection with the operation of the fund, including contracts and agreements with federal agencies, local governmental entities, the authority, and other persons, to implement this subchapter.
(b) The division shall have full authority to operate the fund and may make withdrawals as necessary to achieve the intended purposes of this subchapter.
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