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ARKANSAS STATUTES AND CODES
§ 19-5-709 - Loans.
19-5-709. Loans.
(a) In the event that the Unemployment Compensation Revolving Fund does not have sufficient funds available from contributions by state agencies to make reimbursement to the Department of Workforce Services for benefits paid, loans may be made from the Budget Stabilization Trust Fund to make such payments.
(b) Any loans made to the Unemployment Compensation Revolving Fund shall be repaid by June 30 of the first fiscal year after the fiscal year in which such loans were made.
(a) In the event that the Unemployment Compensation Revolving Fund does not have sufficient funds available from contributions by state agencies to make reimbursement to the Department of Workforce Services for benefits paid, loans may be made from the Budget Stabilization Trust Fund to make such payments.
(b) Any loans made to the Unemployment Compensation Revolving Fund shall be repaid by June 30 of the first fiscal year after the fiscal year in which such loans were made.
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