Home Table of Contents

109.00.4-XII. DIRECT LOANS AND USING GENERAL FUNDS AS COLLATERAL.

AR ADC 109.00.4-XIIArkansas Administrative Code

West's Arkansas Administrative Code
Title 109. Development Finance Authority
Division 00.
Rule 4. Investment Policy - General Fund
Ark. Admin. Code 109.00.4-XII
109.00.4-XII. DIRECT LOANS AND USING GENERAL FUNDS AS COLLATERAL.
Interim financing (i.e., bond anticipation notes) may be provided by the General Fund for loans approved by the Board of Directors. The financing may be provided directly by the General Fund or General Fund investments may serve as collateral to obtain other funding (i.e., Federal Home Loan Bank advance).
Upon approval by the Board of Directors, other loans may be funded on a case-by-case basis
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 109.00.4-XII, AR ADC 109.00.4-XII
End of Document