Arkansas § 15-5-714 - Entrepreneur Fee Waiver Pilot Program — Definition.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-5-714 — Entrepreneur Fee Waiver Pilot Program — Definition., with citation guidance and answers to common questions.
§ 15-5-714. Entrepreneur Fee Waiver Pilot Program — Definition.
There is created a program to be known as the “Entrepreneur Fee Waiver Pilot Program”. The program shall be developed, implemented, and administered by the Arkansas Development Finance Authority. The purpose of the program is to encourage and assist entrepreneurs by providing a waiver of state filing fees, state permit fees, or state licensing fees associated with the formation of a small business in this state. As used in this section, “entrepreneur” means an individual starting a small business and who meets the eligibility criteria established by the authority for the program. The authority shall promulgate rules in accordance with the Arkansas Administrative Procedure Act, § 25-15-201 et seq., to establish criteria for the review and approval of applications for the program. A entrepreneur shall apply to the authority, using the form prescribed by the authority, before the formation of the small business for which the entrepreneur seeks waiver of the state filing fees, state permit fees, or state licensing fees. Any waivers or vouchers under this section shall be provided in the manner determined by the authority. The total amount waived by the authority under this section shall not exceed five hundred thousand dollars ($500,000) per fiscal year. The Secretary of State shall provide notice of the program to an entrepreneur filing for the formation of a small business in this state.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-5-714
What does Arkansas Code of 1987 Annotated § 15-5-714 cover?
Section 15-5-714 ("Entrepreneur Fee Waiver Pilot Program — Definition.") 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 § 15-5-714?
A common citation format is "Arkansas Code of 1987 Annotated § 15-5-714" (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 § 15-5-714 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.