{"data":{"id":"us-ar/ark.-code-ann.-15-5-1405","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 15-5-1405","heading":"Guaranty","body":"(a) The Arkansas Development Finance Authority shall have the power to extend a capital guaranty of obligations issued by the designated investor group. (b) The capital guaranty shall be secured by: (1) The authority guaranty, subject to the limits establish by the authority; and (2) Tax credits. (c) The authority may charge a reasonable fee for costs and the fair compensation of risk associated with its guaranty. Acts 2001, No. 1791, § 5.\n\n(a) The Arkansas Development Finance Authority shall have the power to extend a capital guaranty of obligations issued by the designated investor group.\n\n(b) The capital guaranty shall be secured by: (1) The authority guaranty, subject to the limits establish by the authority; and (2) Tax credits.\n\n(1) The authority guaranty, subject to the limits establish by the authority; and\n\n(2) Tax credits.\n\n(c) The authority may charge a reasonable fee for costs and the fair compensation of risk associated with its guaranty.","path":["AR Code","Title 15","Chapter 5","Subchapter 14"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"4e763b98c531bebfeeba47f5814505c236b654a6c15203384a1c60b3a870f218","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-15-5-1404","next":"us-ar/ark.-code-ann.-15-5-1406"},"notice":"GroundRules: Original legal text. Not legal advice."}