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ARKANSAS STATUTES AND CODES

§ 27-72-409 - Prerequisite for allocations from account.

27-72-409. Prerequisite for allocations from account.

Except as otherwise provided in 27-72-408(a), for a municipality to receive funds available in the State Aid Street Account of the State Highway and Transportation Department Fund, the funds must be matched in a ratio of seventy percent (70%) state aid street funds to not less than thirty percent (30%) municipal matching funds, and the municipality must comply with all provisions in this subchapter.

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