The interest on the notes when paid in shall be added to the revolving loan fund and the whole sum shall be used as a revolving perpetual fund to carry out the purposes of this subchapter.
Structure Arkansas Code
Subtitle 6 - Postsecondary Education — Financial Assistance Programs
Subchapter 4 - University of Arkansas Revolving Loan Fund
§ 6-81-401. Creation and purpose
§ 6-81-403. Board of Trustees to accept or reject applications
§ 6-81-404. Promissory note — Interest
§ 6-81-405. Maximum loan amount
§ 6-81-406. Rules as to repayment