The Arkansas Economic Development Commission, with the advice of the Board of Directors of the Division of Science and Technology of the Arkansas Economic Development Commission, is authorized to own, acquire, construct, reconstruct, extend, equip, improve, operate, maintain, sell, lease, contract concerning, or otherwise deal in or dispose of any land, buildings, or facilities of any and every nature whatever that can be used in securing or developing industry, transportation facilities, research and technological laboratories and production facilities, and agricultural, medical, and scientific enterprises involving the use of science and high technology, hereinafter referred to as “industry” or “industries”, within this state.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 1 - Development Of Economic And Natural Resources Generally
Chapter 3 - Division of Science and Technology
Subchapter 1 - Division of Science and Technology of the Arkansas Economic Development Commission
§ 15-3-103. Establishment of the division
§ 15-3-106. Executive committee
§ 15-3-108. Nature, powers, and duties generally
§ 15-3-109. Power to carry out programs
§ 15-3-110. Power to promote basic and applied research at Arkansas colleges and universities
§ 15-3-112. Prohibition on personal interest in contracts
§ 15-3-113. Studies, planning, and recommendations — Cooperation with other agencies
§ 15-3-114. Use of land, buildings, or facilities for science and high technology
§ 15-3-115. Pledging of credit
§ 15-3-116. Deposit of moneys — Audit
§ 15-3-117. Use of revenues — Assistance to minority businesses
§ 15-3-122. Purchase of qualified securities — Prerequisites — Advisory committees
§ 15-3-130. Centers for applied technology — Definition
§ 15-3-131. Centers for applied technology — Authority to designate
§ 15-3-132. Centers for applied technology — Criteria — Designation
§ 15-3-133. Centers for applied technology — Advisory committees
§ 15-3-134. Centers for applied technology — Disposition of funds