Arkansas Statutes

§ 19-5-709 — Loans

Arkansas·Title 19
(a)In the event that the Unemployment Compensation Revolving Fund does not have sufficient funds available from contributions by state agencies to make reimbursement to the Division of Workforce Services for benefits paid, loans may be made from the Budget Stabilization Trust Fund to make such payments.
(b)Any loans made to the Unemployment Compensation Revolving Fund shall be repaid by June 30 of the first fiscal year after the fiscal year in which such loans were made.

Free access — add to your briefcase to read the full text and ask questions with AI

Arkansas § 19-5-709 (Loans) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Act 2019, No. 910,§ 483, eff. 7/1/2019. Acts 1977, No. 608, § 6; A.S.A. 1947, § 13-554.5.

Nearby Sections

15
View on official source ↗