Browse Arkansas Code titles and sections
15-5-1805. Terms and conditions.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-5-1805. Terms and conditions.
(a) The Arkansas Development Finance Authority shall be the issuer of bonds for energy efficiency projects under this subchapter.
(b)(1) The authority shall not issue bonds under this subchapter unless:
(A) A state entity has:
(i) Applied for approval; and
(ii) Submitted a resolution to the authority authorizing the issuance of bonds; and
(B) The authority determines that the energy savings to be realized from the energy efficiency project and other available revenues are sufficient to fund the requested bond issue.
(2)(A) Upon approval, the authority shall proceed with the issuance of the bonds under this subchapter.
(B) If the bonds are not approved, the state entity may resubmit a request for approval of the issuance of bonds, and a resubmitted request shall be handled in the same manner as the initial request under this section.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-5-1805
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.
Issuing source page ↗
Authority boundary: historical statutory source snapshot not current law.
Open the recorded source website ↗
Record provenance
Stable record: arkansas_code:legal_authorities:15-5-1805
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 7a0ed0192985744860f384f6b775deb416a387acf4267763396f7402d1fa3377
Source location: content.xml paragraph 9782
Stored source content
15-5-1805. Terms and conditions.
(a) The Arkansas Development Finance Authority shall be the issuer of bonds for energy efficiency projects under this subchapter.
(b)(1) The authority shall not issue bonds under this subchapter unless:
(A) A state entity has:
(i) Applied for approval; and
(ii) Submitted a resolution to the authority authorizing the issuance of bonds; and
(B) The authority determines that the energy savings to be realized from the energy efficiency project and other available revenues are sufficient to fund the requested bond issue.
(2)(A) Upon approval, the authority shall proceed with the issuance of the bonds under this subchapter.
(B) If the bonds are not approved, the state entity may resubmit a request for approval of the issuance of bonds, and a resubmitted request shall be handled in the same manner as the initial request under this section.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
No explicit source connection was found. This does not mean there are no relevant authorities.