An open-enrollment public charter school may borrow and the Division of Public School Academic Facilities and Transportation may lend money from the Open-Enrollment Public Charter School Facilities Loan Fund for:
(1) The construction, lease, or purchase of an academic facility;
(2) The repair, improvement, or addition to an academic facility; or
(3) Credit enhancement for financing academic facility projects under subdivision (1) or (2) of this section.
Structure Arkansas Code
Subtitle 2 - Elementary and Secondary Education Generally
Chapter 23 - Arkansas Quality Charter Schools Act of 2013
Subchapter 9 - Open-Enrollment Public Charter School Facilities Loan Fund
§ 6-23-901. Open-Enrollment Public Charter School Facilities Loan Fund — Established
§ 6-23-902. Funding source — Procedures
§ 6-23-907. Failure to remit payment
§ 6-23-908. Open-Enrollment Public Charter School Facilities Funding Aid Program