Arkansas § 15-22-806 - Loans or grants — Eligibility — Applications — Awards.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-22-806 — Loans or grants — Eligibility — Applications — Awards., with citation guidance and answers to common questions.
§ 15-22-806. Loans or grants — Eligibility — Applications — Awards.
Local governments who have entered into or who are attempting to enter into a cooperative agreement for cost-sharing to finance a water resources development project are eligible to apply for a loan or grant under this subchapter. Combinations of local governments may apply jointly for loans or grants authorized under this subchapter in accordance with the Interlocal Cooperation Act, § 25-20-101 et seq. The final award of the loan or grant for cost-sharing purposes shall be made contingent upon actual receipt of federal funding for the federal share of the water resources development project. The Arkansas Natural Resources Commission, by rule, shall specify the form and style of any forms needed for application by the local governments for loans or grants. Beginning each January 1, the commission shall take applications from the state and local governments for grants and loans to be awarded for water resources development projects for the next fiscal year. The annual deadline for loan or grant application shall be March 31 of each year. The commission shall award the grants and loans for the water resources development projects, contingent on the availability of funds, by June 30 of each year.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-22-806
What does Arkansas Code of 1987 Annotated § 15-22-806 cover?
Section 15-22-806 ("Loans or grants — Eligibility — Applications — Awards.") 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 § 15-22-806?
A common citation format is "Arkansas Code of 1987 Annotated § 15-22-806" (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 § 15-22-806 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.