(a) Except as stated in § 15-5-303, it is the specific intent of this subchapter and §§ 15-5-201 — 15-5-211, 15-5-213, and 15-5-301 — 15-5-316 that the provisions hereof are supplemental to other constitutional and statutory provisions now existing or hereafter adopted which may provide for enhancing the Public School Fund or the financing of agricultural business enterprises, capital improvements, educational facilities, healthcare facilities, housing development, industrial enterprises, or short-term advance funding of local government obligations.
(b) Nothing contained in this subchapter and §§ 15-5-201 — 15-5-211, 15-5-213, and 15-5-301 — 15-5-316 shall be deemed to be a restriction or limitation upon alternative means of financing previously available or hereafter made available to municipalities or counties for the purposes set forth in this subchapter and §§ 15-5-201 — 15-5-211, 15-5-213, and 15-5-301 — 15-5-316.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 1 - Development Of Economic And Natural Resources Generally
Chapter 5 - Arkansas Development Finance Authority
Subchapter 1 - Arkansas Development Finance Authority Act — General Provisions
§ 15-5-102. Legislative findings and declaration of public necessity