Ark. Code Ann. § 15-4-3608
This is the official text of Ark. Code Ann. § 15-4-3608, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Cure period - Notice of noncompliance
Official statutory text
(a) Enforcement of each of the recapture provisions under § 15-4-3607 is subject to a six-month cure period. (b) Recapture shall not occur until the Arkansas Economic Development Commission has given the qualified community development entity written notice of its noncompliance and has afforded the qualified community development entity six (6) months from the date of the notice to cure the noncompliance. Added by Act 2013, No. 1474,§ 1, eff. 4/22/2013.
(a) Enforcement of each of the recapture provisions under § 15-4-3607 is subject to a six-month cure period.
(b) Recapture shall not occur until the Arkansas Economic Development Commission has given the qualified community development entity written notice of its noncompliance and has afforded the qualified community development entity six (6) months from the date of the notice to cure the noncompliance.
Added by Act 2013, No. 1474,§ 1, eff. 4/22/2013.
(a) Enforcement of each of the recapture provisions under § 15-4-3607 is subject to a six-month cure period.
(b) Recapture shall not occur until the Arkansas Economic Development Commission has given the qualified community development entity written notice of its noncompliance and has afforded the qualified community development entity six (6) months from the date of the notice to cure the noncompliance.
Added by Act 2013, No. 1474,§ 1, eff. 4/22/2013.
Status: in_force
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