Arkansas Statutes
§ 15-5-712 — Power to make grants and loans
Arkansas·Title 15
The Arkansas Development Finance Authority may make grants, direct loans, or loan guaranties to:
(1)New or existing:
(A)Title IX revolving loan funds;
(B)Small business investment companies; and (C) Specialized small business investment companies;
(2)The Division of Minority and Women-owned Business Enterprise of the Arkansas Economic Development Commission;
(3)A certified community development financial institution under the Riegle Community Development and Regulatory Improvement Act of 1994, Pub. L. No. 103-325; and (4) An entrepreneur as described in the Entrepreneur Fee Waiver Pilot Program under § 15-5-714 .
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Legislative History
Amended by Act 2017, No. 857,§ 1, eff. 8/1/2017. Amended by Act 2015, No. 1060,§ 14, eff. 4/4/2015. Acts 1991, No. 775, § 6; 1991, No. 874, § 6.
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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