§ 19-5-1003 - Historic Preservation Revolving Loan Fund.
19-5-1003. Historic Preservation Revolving Loan Fund.
(a) There is hereby established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Historic Preservation Revolving Loan Fund.
(b) This fund shall consist of any private funds, federal funds, any portion of real estate transfer taxes deemed appropriate by the Arkansas Historic Preservation Program, and repayment of loans made pursuant to 13-7-501 et seq., there to be used to make loans as set out in 13-7-501 et seq., as administered by the Arkansas Historic Preservation Program.