Arkansas § 13-7-504 - Fund created — Administration.
Full text of Arkansas Arkansas Code of 1987 Annotated § 13-7-504 — Fund created — Administration., with citation guidance and answers to common questions.
§ 13-7-504. Fund created — Administration.
There is created on the books of the Treasurer of State, Auditor of State, and Chief Fiscal Officer of the State, a revolving loan fund which shall be known as the “Historic Preservation Revolving Loan Fund”. The Arkansas Historic Preservation Program shall administer the Historic Preservation Revolving Loan Fund and may make loans from the Historic Preservation Revolving Loan Fund in accordance with this subchapter. The program shall deposit into the Historic Preservation Revolving Loan Fund all receipts from the repayment of loans made pursuant to this subchapter. The program may deposit into the Historic Preservation Revolving Loan Fund any private funds made available for the purposes of this subchapter and any federal funds made available for the purpose of making grants or loans to owners of registered historic properties. Such funds may be used by the program to make or to subsidize loans made pursuant to this subchapter. The program may deposit into the Historic Preservation Revolving Loan Fund any portion of the real estate transfer taxes deemed appropriate by the program. In the event the program ceases to make loans from the Historic Preservation Revolving Loan Fund, any moneys remaining in the Historic Preservation Revolving Loan Fund may be transferred to the Natural and Cultural Resources Historic Preservation Fund, as certified to the Chief Fiscal Officer of the State by the Division of Arkansas Heritage.
Frequently Asked Questions About Arkansas § 13-7-504
What does Arkansas Code of 1987 Annotated § 13-7-504 cover?
Section 13-7-504 ("Fund created — Administration.") 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 § 13-7-504?
A common citation format is "Arkansas Code of 1987 Annotated § 13-7-504" (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 § 13-7-504 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.