Arkansas § 15-11-408 - Matching state funds — Use, reversion, and reallocation.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-11-408 — Matching state funds — Use, reversion, and reallocation., with citation guidance and answers to common questions.
§ 15-11-408. Matching state funds — Use, reversion, and reallocation.
The State Parks, Recreation, and Travel Commission shall promulgate reasonable rules regarding the use of matching funds that are available to the respective regional tourist promotion agencies. The funds available to each regional tourist promotion agency may be used for needed approved tourist promotion and advertising or research programs designed to encourage and stimulate the visitor and vacation business within the natural planning region and for operational and administrative expenses, as may have been approved by the commission or the Department of Parks, Heritage, and Tourism. Matching funds available for operational and administrative expenses shall be limited to ten percent (10%) of the funds allocated to the regional tourist promotion agency. It is the intent of this section that no more than ten percent (10%) of the funds made available to a regional tourist promotion agency shall be used for operational or administrative expenses. After six (6) months, unused state funds allocated to a regional tourist promotion agency shall revert to the commission to be reapportioned on a pro rata basis to participating regional tourist promotion agencies with active programs. However, no one (1) regional tourist promotion agency shall receive in excess of twenty percent (20%) of the funds appropriated for grants under the provisions of this subchapter. In the event sufficient regional or local funds cannot be raised to match the state funds appropriated for the matching fund program by January 1 of each year, those state funds not applied for shall revert to the advertising and promotion budget of the Tourism Division.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-11-408
What does Arkansas Code of 1987 Annotated § 15-11-408 cover?
Section 15-11-408 ("Matching state funds — Use, reversion, and reallocation.") 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 § 15-11-408?
A common citation format is "Arkansas Code of 1987 Annotated § 15-11-408" (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 § 15-11-408 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.