Arkansas § 8-5-804 - Eligible activities.
Full text of Arkansas Arkansas Code of 1987 Annotated § 8-5-804 — Eligible activities., with citation guidance and answers to common questions.
§ 8-5-804. Eligible activities.
Moneys deposited into the Small Business Revolving Loan Fund within the Division of Environmental Quality may be: Loaned to eligible participants to pay the direct costs of projects which are designed to correct or avoid violations of federal environmental regulations or state environmental rules and have received a certificate of need from the division; or Expended to pay costs incurred by the division to provide management of lending activities. It is the purpose of this subchapter to authorize the division to establish and administer a revolving loan fund to encourage the investment in pollution control, pollution prevention, and waste reduction practices in Arkansas. Such a fund will promote sustainable economic development in Arkansas by establishing a publicly capitalized revolving loan fund to make loans to small businesses for projects to meet regulatory mandates in pollution control or to adopt pollution prevention technologies. Operating expenses associated with proofing a process change or equipment modification would be an eligible loan activity.
Frequently Asked Questions About Arkansas § 8-5-804
What does Arkansas Code of 1987 Annotated § 8-5-804 cover?
Section 8-5-804 ("Eligible activities.") 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 § 8-5-804?
A common citation format is "Arkansas Code of 1987 Annotated § 8-5-804" (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 § 8-5-804 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.