Arkansas Statutes
§ 19-5-504 — Loans of anticipated proceeds of Aging and Adult Services Fund Account
Arkansas § 19-5-504
JurisdictionArkansas
Title19
This text of Arkansas § 19-5-504 (Loans of anticipated proceeds of Aging and Adult Services Fund Account) 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. § 19-5-504 (2026).
Text
In addition to those purposes for which the Budget Stabilization Trust Fund may be used, the Department of Human Services may borrow from the Budget Stabilization Trust Fund an amount equal to eighty percent (80%) of the anticipated proceeds made available to the Aging and Adult Services Fund Account from nursing home bed license fees. The borrowed amounts are to be transferred to the Aging and Adult Services Fund Account in such amounts and under such restrictions and conditions as are determined to be in the best interest of the state by the Chief Fiscal Officer of the State and, in any event, shall be repaid to the Budget Stabilization Trust Fund in full by June 30 of the year in which the funds were borrowed.
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Legislative History
Acts 1987, No. 928, § 14; 1995, No. 1032, § 5.
Nearby Sections
15
§ 19-1-201
Chief Fiscal Officer of the State§ 19-1-202
Secretary§ 19-1-203
Deputy director§ 19-1-204
Personnel§ 19-1-205
Office§ 19-1-206
Seal§ 19-1-207
General accounting system§ 19-1-208
Rules§ 19-1-209
Publications required§ 19-1-210
Recordkeeping§ 19-1-211
Investigations§ 19-1-212
Duty to avoid deficit§ 19-1-213
Leasing of state property§ 19-1-214
Federal gifts and surplusageCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 19-5-504, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/19-5-504.