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6-20-816. Fees prohibited.

Arkansas Code — all titles (historical 2020) · legal_authorities

6-20-816. Fees prohibited.

6-20-816. Fees prohibited. (a) No fees of any nature, fiscal agent's, legal, or otherwise, shall be paid either directly or indirectly for any service performed with respect to any loan made under the provisions of this subchapter. (b) Any person who shall give or receive any such fee, or any person who shall use or cause to be used the proceeds of any such loan for any school purpose other than that for which it is made, shall be guilty of a Class B misdemeanor.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-20-816

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:6-20-816
Source file: gov.ar.code.title.06.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 4ca5a5cb5f8f14f47d3b36690e6293a7c55e8e87a6a2b759a5f32c5a0efa9924

Source location: content.xml paragraph 21392

Stored source content

6-20-816. Fees prohibited. (a) No fees of any nature, fiscal agent's, legal, or otherwise, shall be paid either directly or indirectly for any service performed with respect to any loan made under the provisions of this subchapter. (b) Any person who shall give or receive any such fee, or any person who shall use or cause to be used the proceeds of any such loan for any school purpose other than that for which it is made, shall be guilty of a Class B misdemeanor.

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