Arkansas § 26-51-2406 Projected rehabilitation or development expenditures

Arkansas Statutes

§ 26-51-2406 — Projected rehabilitation or development expenditures

Arkansas § 26-51-2406

Title26

This text of Arkansas § 26-51-2406 (Projected rehabilitation or development expenditures) 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. § 26-51-2406 (2026).

Text

(a)The projected qualified rehabilitation or development expenditures must occur during a period not to exceed eighteen (18) months.

(b)For the rehabilitation or development of an existing structure, the projected qualified rehabilitation or development expenditures must equal or exceed the adjusted basis of the existing structure, excluding the land, before the qualified rehabilitation or development work begins.

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(a) The projected qualified rehabilitation or development expenditures must occur during a period not to exceed eighteen (18) months. (b) For the rehabilitation or development of an existing structure, the projected qualified rehabilitation or development expenditures must equal or exceed the adjusted basis of the existing structure, excluding the land, before the qualified rehabilitation or development work begins.