Arkansas Statutes

§ 20-86-103 — Purpose

Arkansas·Title 20

The purpose of this act is to provide for the establishment of individual development accounts designed to:

(1)Provide individuals and families with limited means an opportunity to accumulate assets;
(2)Facilitate and mobilize savings;
(3)Promote home ownership, microenterprise development, education, saving for retirement, and automobile purchase; and (4) Stabilize families and build communities.

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Legislative History

Acts 1999, No. 1217, § 2.

Nearby Sections

15
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