Arkansas § 15-5-1704 - Establishment of Arkansas Housing Trust Fund.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-5-1704 — Establishment of Arkansas Housing Trust Fund., with citation guidance and answers to common questions.
§ 15-5-1704. Establishment of Arkansas Housing Trust Fund.
There is established on the books of the Arkansas Development Finance Authority a special restricted fund, to be known as the “Arkansas Housing Trust Fund”, which shall be maintained and administered by the authority for the purposes stated in this subchapter. All moneys deposited into the fund under this subchapter are cash funds restricted in their use and shall not be deposited into the State Treasury or deemed to be a part of the State Treasury for the purposes of Arkansas Constitution, Article 5, § 29, Arkansas Constitution, Article 16, § 12, or Arkansas Constitution, Amendment 20, or any other constitutional or statutory provisions, but shall be held by the authority and used solely for the purposes stated under this subchapter.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-5-1704
What does Arkansas Code of 1987 Annotated § 15-5-1704 cover?
Section 15-5-1704 ("Establishment of Arkansas Housing Trust 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 § 15-5-1704?
A common citation format is "Arkansas Code of 1987 Annotated § 15-5-1704" (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 § 15-5-1704 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.