Statutes > Arkansas Statutes > Title 15 - Natural Resources and Economic Development > Subtitle 1 - Development Of Economic And Natural Resources Generally > Chapter 3 - Science And Technology Authority > Subchapter 1 - Arkansas Science and Technology Authority > § 15-3-134 - Centers for applied technology -- Disposition of funds.

§ 15-3-134 - Centers for applied technology -- Disposition of funds.

15-3-134. Centers for applied technology -- Disposition of funds.

Any moneys lawfully available to the Arkansas Science and Technology Authority for the purpose of creating centers for applied technology may be used for the purchase of equipment and fixtures, employment of faculty and support staff, provision of graduate fellowships, and other purposes approved by the authority but may not be used for capital construction.