{"data":{"id":"us-ar/ark.-code-ann.-6-20-803","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 6-20-803","heading":"Loans to local school districts","body":"(a) The maximum amount of money a local school district may borrow from the Revolving Loan Fund shall be five hundred thousand dollars ($500,000).\n\n(b) Notwithstanding subsection (a) of this section, a school district participating in the Compressed Natural Gas School Bus Pilot Program under § 6-19-128 [repealed] additionally may borrow up to one million five hundred thousand dollars ($1,500,000) for the purchase of new compressed natural gas school buses.","path":["AR Code","Title 6","Chapter 20","Subchapter 8"],"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":"cd5dcd4b8259c21665c2ba4dfd529cf58fa8400f36b818ce93caab088d236d82","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-6-20-802","next":"us-ar/ark.-code-ann.-6-20-804"},"notice":"GroundRules: Original legal text. Not legal advice."}