(a) All collections of the costs levied by this subchapter are specifically declared to be cash funds, restricted in their use and dedicated and to be used solely as provided in this subchapter.
(b) The moneys shall not be deposited into the State Treasury but shall be deposited by the Board of Trustees of the University of Arkansas as and when received, and in such bank as the board may from time to time select, to the credit of the State Legal Education Fund, and applied for the purposes authorized by this subchapter.
Structure Arkansas Code
Subtitle 5 - Postsecondary and Higher Education Generally
Chapter 64 - University of Arkansas
§ 6-64-601. Construction — Subchapter exclusive authority
§ 6-64-602. Establishment — Name
§ 6-64-604. State Legal Education Fund generally
§ 6-64-605. Levy of costs — Cash funds
§ 6-64-606. Levy of costs — Use and priorities of funds collected
§ 6-64-607. Financing authority
§ 6-64-608. Bonds — Authorizing resolution — Trust indenture
§ 6-64-609. Bonds — Terms and conditions
§ 6-64-610. Bonds — Execution and seal
§ 6-64-612. Bonds — Pledge of costs levied by subchapter
§ 6-64-613. Bonds — Contract with holders and owner
§ 6-64-614. Bonds — Tax exemption
§ 6-64-615. Bonds — Investment of funds of retirement or pension systems
§ 6-64-616. Bonds — Construction fund
§ 6-64-617. Bonds — Use of excess costs
§ 6-64-618. Outstanding bonds — Change in costs for payments
§ 6-64-620. Construction of legal education facilities — Employment of professionals