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.
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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
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§ 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
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Seal§ 19-1-207
General accounting system§ 19-1-208
Rules§ 19-1-209
Publications required§ 19-1-210
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Federal gifts and surplusage