§ 19-5-1046 - Arkansas Building Authority Maintenance Fund.
19-5-1046. Arkansas Building Authority Maintenance Fund.
(a) (1) There is 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 "Arkansas Building Authority Maintenance Fund".
(2) The fund shall be used for the maintenance, operation, and improvement of lands, buildings, and facilities that may be acquired by the Arkansas Building Authority.
(b) (1) The fund shall consist of all moneys received in connection with the leasing, management, and operation of building facilities and lands belonging to or managed by the authority.
(2) The moneys received by the authority are declared to be nonrevenue receipts.