Ark. Code § 15-5-1508
Current with legislation from 2024 effective through May 3, 2024.
The Arkansas Development Finance Authority may use the moneys in the Brownfield Revolving Loan Fund and the assets acquired with moneys in the fund to secure payment of the principal, premium, and interest on bonds issued by the authority if the net proceeds of the bonds are deposited into the fund.
Ark. Code § 15-5-1508