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Ark. Code Ann. § 15-4-3608

Cure period — Notice of noncompliance

Acts 2013, No. 1474, § 1.

(1) Enforcement of each of the recapture provisions under § 15-4-3607 is subject to a six-month cure period.

(2) Recapture shall not occur until the Arkansas Economic Development Commission has given the qualified community development entity written notice of its noncompliance and has afforded the qualified community development entity six (6) months from the date of the notice to cure the noncompliance.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.