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Section 15-22-1012 - Use of funds — Arkansas Law | CourtGPT
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  3. Arkansas/
  4. Title 15 - Natural Resources and Economic Development (§§ 15-1-101 — 15-76-324)/
  5. Subtitle 2 - Land and Water Resources Generally/
  6. Chapter 22 - Water Resources Sub/
  7. Subchapter 10 - Arkansas Wetlands Mitigation Bank Act/
  8. Section 15-22-1012 - Use of funds
Arkansas Legal Code

Section 15-22-1012 - Use of funds

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The Arkansas Natural Resources Commission may use the moneys in the Arkansas Water Development Fund for the following purposes:(1) For the voluntary acquisition of land suitable for use in mitigation banks;(2) To pay for costs incurred for alterations needed to create, restore, or enhance aquatic resources areas for purposes of carrying out the provisions of this subchapter;(3) For payment of administrative, research, or scientific monitoring expenses of the commission in carrying out the provisions of this subchapter;(4) To repay financial assistance received from state financial assistance programs, including interest and applicable fees, used for the purposes of carrying out the intent of this subchapter; and(5) Any other purpose related to wetland, stream, deep water aquatic habitat, or aquatic resources creation or restoration.Amended by Act 2019, No. 910,§ 83, eff. 7/1/2019.Acts 1995, No. 562, § 12; 2007, No. 476, § 10.