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    • Legislation USA
    • Arkansas Code
    • Title 15 - Natural Resources and Economic Development
    • Subtitle 1 - Development Of Economic And Natural Resources Generally
    • Chapter 4 - Development Of Business And Industry Generally
    • Subchapter 4 - Jobs Creation by Stimulating Small Business Growth Act of 1985
    • § 15-4-412. Expenses

    Arkansas Code
    Subchapter 4 - Jobs Creation by Stimulating Small Business Growth Act of 1985
    § 15-4-412. Expenses

    The Arkansas Economic Development Council may require the small business investment company borrowing money from the council or selling small business concern investment loans to the council to pay all or part of the incidental expenses in connection therewith and all or part of the expenses of issuance of the bonds.

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    Structure Arkansas Code

    Arkansas Code

    Title 15 - Natural Resources and Economic Development

    Subtitle 1 - Development Of Economic And Natural Resources Generally

    Chapter 4 - Development Of Business And Industry Generally

    Subchapter 4 - Jobs Creation by Stimulating Small Business Growth Act of 1985

    § 15-4-401. Title

    § 15-4-402. Legislative findings and purpose

    § 15-4-403. Definitions

    § 15-4-404. Promulgation of rules generally

    § 15-4-405. Companies qualified for loan application and sale — Apportioning available funds

    § 15-4-406. Authority to issue revenue bonds — Loan funds

    § 15-4-407. Limits on bond issuance and loan purchases

    § 15-4-408. Prerequisites to issuance

    § 15-4-409. Authorizing resolution and trust indenture

    § 15-4-410. Issuance and redemption procedures

    § 15-4-411. Security

    § 15-4-412. Expenses

    § 15-4-413. Tax exemption

    § 15-4-414. No personal liability

    § 15-4-415. Authority to use bond proceeds

    § 15-4-416. Deposit and use of revenues

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