§ 19-5-1068 - County Road Construction and Maintenance Revolving Fund. - Arkansas Statutes

19-5-1068. County Road Construction and Maintenance Revolving 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 County Road Construction and Maintenance Revolving Fund.

(b) This fund shall consist of moneys transferred from the Budget Stabilization Trust Fund from time to time, not to exceed the amount as set out in 27-72-317, there to be used for making advance transfers to the several county highway funds, state-aid road funds, federal-aid secondary road funds, and all other provisions of county road construction assistance as administered by the Chief Fiscal Officer of the State, as set out in 27-72-301, 27-72-305, 27-72-312, 27-72-313, 27-72-315, and 27-72-317 -- 27-72-319.