Ark. Code Ann. § 15-5-1105

Capital Access Fund — Use — Investment earnings — Administrative expenses

Acts 1993, No. 733, § 5; 1993, No. 886, § 5.

(1) There is created within the Arkansas Development Finance Authority the Capital Access Fund.

(2) All moneys deposited into the fund are for the purpose of making payments to loan loss reserve accounts established under § 15-5-1106.

(3) All moneys available for deposit into the fund shall be restricted to only such cash funds available to the authority for the purposes provided in this subchapter.

(4) Moneys in the fund may be invested as provided in § 15-5-407.

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.