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Arkansas · Snapshot open-us-law v2026.08, retrieved 2026-09-17

Ark. Code Ann. § 15-5-712: Power to make grants and loans

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Where this section sits in the code
  1. AR Code
  2. Title 15
  3. Chapter 5
  4. Subchapter 7

The Arkansas Development Finance Authority may make grants, direct loans, or loan guaranties to: (1) New or existing: (A) Title IX revolving loan funds; (B) Small business investment companies; and (C) Specialized small business investment companies; (2) The Division of Minority and Women-owned Business Enterprise of the Arkansas Economic Development Commission; (3) A certified community development financial institution under the Riegle Community Development and Regulatory Improvement Act of 1994, Pub. L. No. 103-325; and (4) An entrepreneur as described in the Entrepreneur Fee Waiver Pilot Program under § 15-5-714 . Amended by Act 2017, No. 857,§ 1, eff. 8/1/2017. Amended by Act 2015, No. 1060,§ 14, eff. 4/4/2015. Acts 1991, No. 775, § 6; 1991, No. 874, § 6.

The Arkansas Development Finance Authority may make grants, direct loans, or loan guaranties to:

(1) New or existing: (A) Title IX revolving loan funds; (B) Small business investment companies; and (C) Specialized small business investment companies;

(A) Title IX revolving loan funds;

(B) Small business investment companies; and

(C) Specialized small business investment companies;

(2) The Division of Minority and Women-owned Business Enterprise of the Arkansas Economic Development Commission;

(3) A certified community development financial institution under the Riegle Community Development and Regulatory Improvement Act of 1994, Pub. L. No. 103-325; and

(4) An entrepreneur as described in the Entrepreneur Fee Waiver Pilot Program under § 15-5-714 .

Collected 2026-09-17T21:35:43Z. Source file · JSON

Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License

Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source

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