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ARKANSAS STATUTES AND CODES

§ 19-5-1005 - General Improvement Fund.

19-5-1005. General Improvement Fund.

(a) 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 "General Improvement Fund".

(b) The fund shall consist of those special revenues specified in 19-6-301(171) and any other funds made available by the General Assembly from time to time.

(c) The fund shall be used to provide financing of various projects authorized by the General Assembly and to make temporary loans to funds receiving general revenue as set out in 19-5-302.

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