Arkansas Statutes
§ 15-5-404 — Power of authority to grant or deny guaranty bonds
Arkansas·Title 15
The Arkansas Development Finance Authority, in addition to all the duties and functions defined in the Arkansas Development Finance Authority Act, §§ 15-5-101 - 15-5-106 , 15-5-201 - 15-5-211 , 15-5-213 , and 15-5-301 - 15-5-316 , is empowered to approve or deny by majority vote of the Board of Directors of the Arkansas Development Finance Authority the guaranty as provided in this subchapter of amortization payments on qualified bonds, subject to the provisions, restrictions, and conditions set forth in this subchapter.
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Arkansas § 15-5-404 (Power of authority to grant or deny guaranty bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1985, No. 340, § 4; 1985, No. 505, § 4; A.S.A. 1947, § 13-2927; Acts 1987, No. 1042, § 2.
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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