Welcome to FindLaw's Cases & Codes, a free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.
(a) A property assessed energy improvement district may maintain a revolving fund to be held in trust by a banking institution chosen by the board of directors of the district separate from any other funds and administered by the board.
(b) A district may transfer into its revolving fund money from any permissible source, including:
(1) Bond revenues;
(2) Contributions; and
Cite this article: FindLaw.com - Arkansas Code Title 8. Environmental Law § 8-15-118. Revolving fund - last updated January 01, 2020 | https://codes.findlaw.com/ar/title-8-environmental-law/ar-code-sect-8-15-118/
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 or via Westlaw before relying on it for your legal needs.
Was this helpful?