The Arkansas Development Finance Authority is authorized to accept moneys for the Correction Facilities Construction Fund from any source, including, but not limited to, allocations from the Treasurer of State as provided in this section.
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 4 - Arkansas Development Finance Authority Bond Guaranty Act of 1985
§ 15-5-402. Legislative findings and declaration of public necessity
§ 15-5-404. Power of authority to grant or deny guaranty bonds
§ 15-5-405. When bonds may be guaranteed
§ 15-5-406. Standards and rules for evaluations
§ 15-5-407. Bond Guaranty Reserve Account — Investment of funds
§ 15-5-408. Evidence to support guaranty — Premium payment
§ 15-5-409. Review of applications
§ 15-5-410. No private right against authority under §§ 15-5-408 and 15-5-409
§ 15-5-412. Guaranty agreement provision
§ 15-5-414. Authority to use money committed to other projects
§ 15-5-415. Issuance of bonds to provide additional moneys
§ 15-5-416. Authorizing resolution
§ 15-5-418. Execution of bonds and coupons — Temporary notes or bonds
§ 15-5-419. Sale of bonds — Statement on face of bond
§ 15-5-420. Obligation of authority — Disposition of proceeds
§ 15-5-421. Bond debt service amount
§ 15-5-422. Moneys for Correction Facilities Construction Fund