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19-5-1040. Rural Medical Clinic Revolving Loan Fund.

Arkansas Code — all titles (historical 2020) · legal_authorities

19-5-1040. Rural Medical Clinic Revolving Loan Fund.

19-5-1040. Rural Medical Clinic Revolving Loan Fund. (a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Rural Medical Clinic Revolving Loan Fund”. (b) The fund shall consist of moneys provided by law, there to be used solely and exclusively for the making of loans by the State Board of Finance, upon application therefor, for the construction and equipping of rural medical clinics in rural areas of this state, as defined in § 20-12-202.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-5-1040

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:19-5-1040
Source file: gov.ar.code.title.19.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 8086d21fb71977504ce24e1164393ab4db406788e147b414a2cea0fc69fe363c

Source location: content.xml paragraph 7926

Stored source content

19-5-1040. Rural Medical Clinic Revolving Loan Fund. (a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Rural Medical Clinic Revolving Loan Fund”. (b) The fund shall consist of moneys provided by law, there to be used solely and exclusively for the making of loans by the State Board of Finance, upon application therefor, for the construction and equipping of rural medical clinics in rural areas of this state, as defined in § 20-12-202.

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Arkansas Code — all titles (historical 2020) · legal_authorities

20-12-202. Definitions.

20-12-202. Definitions. As used in this subchapter: (1) [Repealed.] (2) [Repealed.] (3) “Rural area” means any city, town, or other area having a population of fifteen thousand (15,000) inhabitants or less according to the 1990 Federal Decennial Census. The census from federal or state penal institutions, federal or state human service institutions, institutions of higher education, or any similar facility shall not be included in the census figure when defining a city, town, or other area under this subchapter; and (4) “Rural medical clinic loans” means loans in sums not to exceed one hundred fifty thousand dollars ($150,000) in the aggregate, to be used exclusively for land acquisition or for the construction, reconstruction, repair, or expansion of a building to be used as a medical clinic in a rural area and the acquisition and installation of equipment therein.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 20-12-202

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 20-12-202. This identifies an authority to review, not proof of applicability.