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2020 Arkansas Code
Title 6 - Education
Subtitle 2 - Elementary and Secondary Education Generally
Chapter 23 - Arkansas Quality Charter Schools Act of 2013
Subchapter 9 - Open-Enrollment Public Charter School Facilities Loan Fund
§ 6-23-903. Purpose of loan
Universal Citation: AR Code § 6-23-903 (2020)
An open-enrollment public charter school may borrow and the Division of Public School Academic Facilities and Transportation may lend money from the Open-Enrollment Public Charter School Facilities Loan Fund for:
(1) The construction, lease, or purchase of an academic facility;
(2) The repair, improvement, or addition to an academic facility; or
(3) Credit enhancement for financing academic facility projects under subdivision (1) or (2) of this section.
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