{"data":{"id":"us-ar/ark.-code-ann.-23-54-105","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 23-54-105","heading":"Treatment of loan proceeds","body":"To the extent that implementation of this section does not conflict with federal law:\n\n(1) Reverse mortgage loan payments made to a borrower shall be treated as proceeds from a loan and not as income for the purpose of determining eligibility and benefits under programs of aid to individuals; and\n\n(2) Undisbursed reverse mortgage funds shall be treated as equity in the borrower's home and not as proceeds from a loan, resources, or assets for the purpose of determining eligibility and benefits under programs of aid to individuals.","path":["AR Code","Title 23","Chapter 54"],"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":"1d20737754f78f32c0c9b5a9774155d3019e87f3a667e5ef6ed785de3ae9aba1","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-23-54-104","next":"us-ar/ark.-code-ann.-23-54-106"},"notice":"GroundRules: Original legal text. Not legal advice."}