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Current as of March 28, 2024 | Updated by Findlaw Staff
As used in this subchapter, unless the context otherwise requires:
(1) “Applicant” means any city, incorporated town, legal entity that intends to apply for an award of low-income housing tax credits under section 42 of the Internal Revenue Code, or community organization applying to the Commissioner of State Lands for donation of tax-forfeited land;
(2)(A) “Community organization” means a recreational, educational, social, or benevolent organization dedicated to improving the mental or physical health and welfare of its members and of the public.
(B) A community organization may be established for community betterment or beautification, environmental protection, establishment of housing, and other purposes beneficial to the community and may be a division of the federal, state, county, or local government or may be a private nonprofit corporation;
(3) “Eligible person” means an individual person or family unit meeting eligibility criteria for the sale, lease, or grant of a homestead. A corporation, partnership, association, or similar organization shall not be an eligible person;
(4) “Homestead” means the home and accompanying or adjoining land of the primary residence of a person; and
(5) “Urban” means land found within the city limits of any city or incorporated town in the state.
Cite this article: FindLaw.com - Arkansas Code Title 20. Public Health and Welfare § 20-80-403. Definitions - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-20-public-health-and-welfare/ar-code-sect-20-80-403/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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