Arkansas Statutes
§ 15-5-1505 — Brownfield Revolving Loan Fund - Administration
Arkansas § 15-5-1505
JurisdictionArkansas
Title15
This text of Arkansas § 15-5-1505 (Brownfield Revolving Loan Fund - Administration) 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. § 15-5-1505 (2026).
Text
(a)(1) The Brownfield Revolving Loan Fund shall be administered by the Division of Environmental Quality, with the Arkansas Development Finance Authority serving as agent for the division.
(2)The division may establish procedures to administer the fund and the programs financed, in whole or in part, with moneys from the fund that are used for the purposes stated under this subchapter.
(3)The division may enter into contracts and other agreements in connection with the operation of the fund, including contracts and agreements with federal agencies, local governmental entities, the authority, and other persons, to implement this subchapter.
(b)The division shall have full authority to operate the fund and may make withdrawals as necessary to achieve the intended purposes of this subchapt
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Legislative History
Amended by Act 2019, No. 910,§ 3049, eff. 7/1/2019. Acts 2003, No. 1194, § 1.
Nearby Sections
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Economic Advisor§ 15-10-201
Title§ 15-10-202
Declaration of policy§ 15-10-203
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Declaration of policy§ 15-10-302
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Bluebook (online)
Arkansas § 15-5-1505, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/15-5-1505.