Arkansas § 15-22-507 - Arkansas Water Development Fund.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-22-507 — Arkansas Water Development Fund., with citation guidance and answers to common questions.
§ 15-22-507. Arkansas Water Development Fund.
The Arkansas Natural Resources Commission is authorized to establish, maintain, and administer the “Arkansas Water Development Fund”, which shall be used for the payment of any water development project costs set out in § 15-22-506 and to discharge obligations pertaining to the principal of and interest on any water development bond issued by the commission. The fund may consist of the following: Cash funds, from whatever source received, on deposit by the commission in any one (1) or more banks qualifying for the deposit of public funds; Savings accounts in any one (1) or more banks qualifying for such deposits of public funds; and Bonds of the United States.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-22-507
What does Arkansas Code of 1987 Annotated § 15-22-507 cover?
Section 15-22-507 ("Arkansas Water Development Fund.") 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 § 15-22-507?
A common citation format is "Arkansas Code of 1987 Annotated § 15-22-507" (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 § 15-22-507 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.