Arkansas Statutes
§ 15-4-405 — Companies qualified for loan application and sale - Apportioning available funds
Arkansas § 15-4-405
JurisdictionArkansas
Title15
This text of Arkansas § 15-4-405 (Companies qualified for loan application and sale - Apportioning available funds) 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. § 15-4-405 (2026).
Text
(a)Any small business investment company which qualifies and is licensed by the United States Small Business Administration as a small business investment company authorized to do business in this state and to make loans and provide investment funds for capital improvements to persons whose participation in the free enterprise system is hampered because of social or economic disadvantage shall be entitled to apply with the Division of Minority Business Enterprise of the Arkansas Economic Development Commission for loans under the provisions of this subchapter and may sell to the division loans made to small business concerns eligible to receive the loans under the provisions of this subchapter.
(b)If applications for loans or applications to sell investment loans filed with the division
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Legislative History
Amended by Act 2019, No. 315,§ 1056, eff. 7/24/2019. Acts 1985, No. 869, § 10; A.S.A. 1947, § 9-578.
Nearby Sections
15
§ 15-1-101
Economic Advisor§ 15-10-201
Title§ 15-10-202
Declaration of policy§ 15-10-203
Arkansas Energy Office - Creation§ 15-10-204
Arkansas Energy Office - Director§ 15-10-301
Declaration of policy§ 15-10-302
Definitions§ 15-10-303
License or permit requirement§ 15-10-304
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Bluebook (online)
Arkansas § 15-4-405, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-4-405.