Arkansas § 15-4-3205 Penalties

Arkansas Statutes

§ 15-4-3205 — Penalties

The sponsor shall be subject to specific penalties set forth in the Amendment 82 agreement and enacted in related legislation under § 15-4-3203(j) if the sponsor:

(1)Does not satisfy the minimum job creation and investment requirements specified in the Amendment 82 agreement within the time period specified in the Amendment 82 agreement;

(2)Does not maintain the job creation requirements specified in the Amendment 82 agreement for the period of time specified in the Amendment 82 agreement; or (3) Fails to satisfy other terms of the Amendment 82 agreement.

Free access — add to your briefcase to read the full text and ask questions with AI

The sponsor shall be subject to specific penalties set forth in the Amendment 82 agreement and enacted in related legislation under § 15-4-3203(j) if the sponsor: (1) Does not satisfy the minimum job creation and investment requirements specified in the Amendment 82 agreement within the time period specified in the Amendment 82 agreement; (2) Does not maintain the job creation requirements specified in the Amendment 82 agreement for the period of time specified in the Amendment 82 agreement; or (3) Fails to satisfy other terms of the Amendment 82 agreement.

Arkansas § 15-4-3205 (Penalties) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.