Arkansas § 6-62-803 - Limits on funding.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-62-803 — Limits on funding., with citation guidance and answers to common questions.
§ 6-62-803. Limits on funding.
For the certification required under § 6-62-805, the amount allowed to be budgeted of unrestricted educational and general funds for intercollegiate athletic programs at state-supported institutions of higher education shall be limited to an amount established by the Division of Higher Education for the fiscal year 2012-2013 or an amount of not more than two percent (2%) of the actual total unrestricted educational and general revenues of the previous fiscal year at institutions of higher education. The division shall annually adjust the allowable transfer based upon the Consumer Price Index. This section shall not apply to expenditures related to compliance with § 6-60-111 or increased compliance under 20 U.S.C. § 1092(f).
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 6-62-803
What does Arkansas Code of 1987 Annotated § 6-62-803 cover?
Section 6-62-803 ("Limits on funding.") 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 § 6-62-803?
A common citation format is "Arkansas Code of 1987 Annotated § 6-62-803" (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 § 6-62-803 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.