There is created, with such duties and powers as are hereinafter set forth to carry out the provisions of this subchapter and §§ 15-5-101 — 15-5-106 and 15-5-301 — 15-5-316, a public body politic and corporate, with corporate succession, to be an independent instrumentality exercising essential public functions, and to be known as the “Arkansas Development Finance Authority”.
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 2 - Arkansas Development Finance Authority Act — Administration
§ 15-5-201. Creation of authority
§ 15-5-202. Board of directors — Members
§ 15-5-203. Board officers and employees
§ 15-5-204. Prohibition on personal interests in contracts
§ 15-5-207. Rights, powers, privileges, and duties of authority — Definitions
§ 15-5-208. Services of public entities to authority — Expenses
§ 15-5-209. Disposition and use of funds
§ 15-5-211. Dissolution of the authority
§ 15-5-212. Approval of Legislative Council for certain matters