The board is authorized to utilize any funds available to temporarily finance all or part of the projects and to make reimbursement of the funds from the proceeds of the sale of any notes or bonds issued to permanently finance the projects.
Structure Arkansas Code
Subtitle 5 - Postsecondary and Higher Education Generally
Chapter 62 - Property and Finances of State Institutions
Subchapter 3 - Facilities — Construction or Purchase
§ 6-62-301. Construction of subchapter
§ 6-62-302. Building construction, purchase, etc., authorized
§ 6-62-303. Financing authority
§ 6-62-304. Temporary financing authorized
§ 6-62-305. Bonds or notes — Authorization to issue — Pledge of revenues, funds, etc
§ 6-62-306. Bonds or notes — Issuance on advice of Arkansas Higher Education Coordinating Board
§ 6-62-307. Bonds or notes — Execution
§ 6-62-308. Bonds or notes — Terms and conditions
§ 6-62-309. Bonds or notes — Liability
§ 6-62-310. Bonds or notes — Related agreements authorized
§ 6-62-311. Rents, tolls, fees, etc. — Rules authorized
§ 6-62-312. Valid outstanding obligations — Refinancing or refunding — Cancellation
§ 6-62-313. State agency for participation in federal grant programs