6-62-802. Definitions.

Arkansas Code — all titles (historical 2020) · legal_authorities

6-62-802. Definitions.

6-62-802. Definitions. As used in this subchapter: (1) “Athletic deficit” means the amount of athletic expenditures offset by the amount of athletic revenues, including: (A) Athletic-generated income; (B) Profits from other auxiliary enterprises; (C) The federally funded portion of college work-study students in the intercollegiate athletic program; (D) Transfers from funds other than the unrestricted educational and general fund; and (E) The allowable unrestricted educational and general transfer for four-year institutions, for two-year branches of four-year institutions, and for other two-year institutions of higher education; (2) “Athletic expenditures” means: (A) All direct and indirect expenses, prorated if necessary, including salaries; (B) All fringe benefits such as medical and dental insurance, workers' compensation, pension plans, tuition waivers, and any other cost associated with recruitment and retention of staff; (C) Travel; (D) Equipment; (E) Scholarships; (F) Meals; (G) Housing and dormitory supplies; (H) Supplies; (I) Property and medical insurance; (J) Medical expenses; (K) Utilities; and (L) Maintenance of facilities related to all intercollegiate teams and spirit groups, excluding bands; and (3) “Athletic program” means intercollegiate athletics.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-62-802

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.