Arkansas § 15-4-3006 - Qualification as a superproject.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-4-3006 — Qualification as a superproject., with citation guidance and answers to common questions.
§ 15-4-3006. Qualification as a superproject.
To qualify as a superproject, the investment and job creation requirements must be attained no later than the eighth year after the project first begins operations unless the eight-year period is extended by the Arkansas Economic Development Commission. The commission may extend the eight-year deadline for a reasonable period of time, taking into consideration general economic conditions. If the investment and job creation requirements are not attained within the eight-year deadline or the extended deadline as prescribed by the commission, the sponsor shall refund to the Arkansas Development Finance Authority any funds the sponsor received under this subchapter.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-4-3006
What does Arkansas Code of 1987 Annotated § 15-4-3006 cover?
Section 15-4-3006 ("Qualification as a superproject.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 15-4-3006?
A common citation format is "Arkansas Code of 1987 Annotated § 15-4-3006" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 15-4-3006 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.