Arkansas § 15-5-1413 - Funding of Arkansas Venture Capital Development Fund.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-5-1413 — Funding of Arkansas Venture Capital Development Fund., with citation guidance and answers to common questions.
§ 15-5-1413. Funding of Arkansas Venture Capital Development Fund.
The trustees of the Venture Capital Investment Trust may accept moneys and funds for the Arkansas Venture Capital Development Fund from any source. Moneys and funds received by the trustees of the trust for the fund shall be dedicated and used solely as authorized in this subchapter. Moneys and funds received by the Arkansas Development Finance Authority or the Arkansas Economic Development Commission designated for use or ownership by the fund shall be deposited to the trust and held in the Arkansas Venture Capital Development Fund Account, as applicable and as specified in this subchapter, until used for the purposes of this subchapter. Moneys deposited to the trust for the purposes of providing financial assistance to technology-based enterprises under this subchapter shall be allocated to the account according to a ratio approved by the trustees of the trust.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-5-1413
What does Arkansas Code of 1987 Annotated § 15-5-1413 cover?
Section 15-5-1413 ("Funding of Arkansas Venture Capital 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 § 15-5-1413?
A common citation format is "Arkansas Code of 1987 Annotated § 15-5-1413" (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 § 15-5-1413 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.