Home Table of Contents

003.19.7-6. CARES Act Compliance.

AR ADC 003.19.7-6Arkansas Administrative CodeEffective: November 30, 2020

West's Arkansas Administrative Code
Title 003. Department of Commerce
Division 19. Economic Development Commission
Rule 7. Developmental Disabilities Provider Emergency Loan Program
Effective: November 30, 2020
Ark. Admin. Code 003.19.7-6
003.19.7-6. CARES Act Compliance.
Currentness
A. AEDC shall fund and administer ELP loans consistent with the requirements of Section 5001 of the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act.”).
B. A Provider receiving an ELP loan shall be obligated to promptly repay any loan amount to AEDC if it is subsequently determined that Provider's loan is not allowable under the CARES Act or if Provider fails to use the loan proceeds consistent with the requirements of the CARES Act.

Credits

Adopted emergency effective July 24, 2020. Amended Nov. 30, 2020.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 003.19.7-6, AR ADC 003.19.7-6
End of Document