Arkansas Statutes

§ 15-4-3406 — Termination

Arkansas § 15-4-3406

This text of Arkansas § 15-4-3406 (Termination) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 15-4-3406 (2026).

Text

(a)A board of directors of a regional economic development partnership may terminate the regional economic development partnership upon a majority vote of the board of directors.
(b)Notice of the intent to terminate a regional economic development partnership shall be sent to the Arkansas Economic Development Commission at least thirty (30) days before a board of directors votes on the termination of a regional economic development partnership.
(c)Upon the termination of a regional economic development partnership, the board of directors of the regional economic development partnership shall remit any unspent state funds to the commission within sixty (60) days of the notice to terminate the regional economic development partnership.

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Legislative History

Amended by Act 2013, No. 1112,§ 6, eff. 8/16/2013. Acts 2011, No. 895, § 1.

Nearby Sections

15
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Bluebook (online)
Arkansas § 15-4-3406, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-4-3406.