§ 6-51-502 - Approval and notification requirements -- Advance of funds. - Arkansas Statutes

6-51-502. Approval and notification requirements -- Advance of funds.

(a) When a state-supported technical institute or secondary area technical center offering courses of training in the building trades, including carpentry, plumbing, bricklaying, and electrical wiring, desires to participate in the program established in this subchapter, it shall first obtain the written approval of the local building trades advisory committee for the construction trades.

(b) Upon receipt of written approval, the technical institute or secondary area technical center shall notify the Department of Careeer Education of its intent to undertake the construction of a single family dwelling unit or other building project under the program established in this subchapter.

(c) Upon receipt of notice and subject to the availability of funds therefor, the department may advance funds:

(1) To the technical institute from the Building Trades Revolving Fund for the purchase of lots and building materials, supplies, and fixtures to be used in the construction of the dwelling unit or other building project; or

(2) To the secondary area technical center from the Building Trades Revolving Fund for the purchase of building materials, supplies, and fixtures to be used in the construction of the single family dwelling unit or other nonresidential building project.