Arkansas § 15-3-204 - Disbursement of funds.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-3-204 — Disbursement of funds., with citation guidance and answers to common questions.
§ 15-3-204. Disbursement of funds.
The matching funds authorized by this subchapter are to be used primarily to attract federal funds to the state for basic and strategic research. The Director of the Arkansas Economic Development Commission, with the advice of the Board of Directors of the Division of Science and Technology of the Arkansas Economic Development Commission, may approve multi-year research grants, but disbursements of the matching funds authorized by this subchapter shall be for no more than a twelve-month period.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-3-204
What does Arkansas Code of 1987 Annotated § 15-3-204 cover?
Section 15-3-204 ("Disbursement of funds.") 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 § 15-3-204?
A common citation format is "Arkansas Code of 1987 Annotated § 15-3-204" (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 § 15-3-204 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.