Arkansas § 6-62-805 Certification by board of trustees

Arkansas Statutes

§ 6-62-805 — Certification by board of trustees

The board of trustees of each institution shall certify annually by June 15 of each year to the Arkansas Higher Education Coordinating Board:

(1)That the intercollegiate athletic program will generate sufficient revenue through athletic-generated revenue, other auxiliary profits, other coordinating board-approved revenue sources, and the allowable state support as set out in § 6-62-803 ; or (2) That any athletic deficit will be met by separate institutional board-sanctioned student athletic fees within the limitations established in this subchapter.

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The board of trustees of each institution shall certify annually by June 15 of each year to the Arkansas Higher Education Coordinating Board: (1) That the intercollegiate athletic program will generate sufficient revenue through athletic-generated revenue, other auxiliary profits, other coordinating board-approved revenue sources, and the allowable state support as set out in § 6-62-803 ; or (2) That any athletic deficit will be met by separate institutional board-sanctioned student athletic fees within the limitations established in this subchapter.

Arkansas § 6-62-805 (Certification by board of trustees) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.