Each small-business person requesting a loan or guaranty or qualified investment under this subchapter shall submit to the Arkansas Development Finance Authority an application, supporting documents, and instruments as may be required by the rules promulgated by the authority pursuant to this subchapter and approved by a majority vote of the Board of Directors of 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 7 - Arkansas Development Finance Authority Small Business Act of 1989
§ 15-5-702. Legislative findings and declaration of public necessity
§ 15-5-705. Funding or guarantee of loans — Conditions
§ 15-5-706. Evaluation of small-business persons
§ 15-5-707. Small Business Revolving Loan Fund — Investment of funds
§ 15-5-708. Applications — Supporting documents
§ 15-5-709. Applications — Review — Confidentiality and public disclosure — Notice
§ 15-5-710. Liability of authority's members and staff
§ 15-5-712. Power to make grants and loans
§ 15-5-713. Funding of qualified investments
§ 15-5-714. Entrepreneur Fee Waiver Pilot Program — Definition