Arkansas § 6-23-905 - Loan decision.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-23-905 — Loan decision., with citation guidance and answers to common questions.
§ 6-23-905. Loan decision.
The Division of Public School Academic Facilities and Transportation shall review and assess the accuracy of the information provided in each loan application within a reasonable time after receiving a loan application. After reviewing and considering the merits of the application, the division may: Approve the loan requested for the full amount; Approve the loan requested for an amount less than requested; or Deny the loan. The division shall notify the open-enrollment public charter school in writing of the decision. An open-enrollment public charter school may apply for and accept a loan from the Open-Enrollment Public Charter School Facilities Loan Fund without prior approval from the Commissioner of Education under § 6-23-401(a)(5).
Frequently Asked Questions About Arkansas § 6-23-905
What does Arkansas Code of 1987 Annotated § 6-23-905 cover?
Section 6-23-905 ("Loan decision.") 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 § 6-23-905?
A common citation format is "Arkansas Code of 1987 Annotated § 6-23-905" (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 § 6-23-905 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.