Arkansas Statutes

§ 6-60-1204 — Foreign gifts and contracts - Acceptance and disclosure

Arkansas·Title 6
(a)An institution shall not accept a gift from a foreign source or enter into a contract with a foreign source if the institution believes that doing so would threaten:
(1)The integrity of the institution's research, instruction, or operations;
(2)The institution's intellectual property rights;
(3)The protection of confidential information; or (4) The safety and security of:
(A)The institution;
(B)The institution's personnel and students;
(C)This state; or (D) The United States.
(b)If an institution receives a gift from a foreign source valued at more than two hundred fifty thousand dollars ($250,000), the institution shall disclose the following information without limitation with respect to the gift:
(1)The dollar value of the gift;
(2)The name and national affiliation of the f

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Legislative History

Added by Act 2021, No. 1020,§ 1, eff. 4/29/2021.

Nearby Sections

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