ARKANSAS STATUTES AND CODES
§ 15-3-204 - Disbursement of funds.
15-3-204. Disbursement of funds.
(a) The matching funds authorized by this subchapter are to be used primarily to attract federal funds to the state for basic and strategic research.
(b) The Board of Directors of the Arkansas Science and Technology Authority may approve multi-year research grants, but disbursements of the matching funds authorized by this subchapter shall be for no more than a twelve-month period.
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