Statutes > Arkansas Statutes > Title 15 - Natural Resources and Economic Development > Subtitle 1 - Development Of Economic And Natural Resources Generally > Chapter 4 - Development Of Business And Industry Generally > Subchapter 25 - Small Business Loan Collaboration Program > § 15-4-2503 - Lender application -- Approval.

§ 15-4-2503 - Lender application -- Approval.

15-4-2503. Lender application -- Approval.

(a) Any community lender that desires to seek participating loans from the Arkansas Economic Development Commission pursuant to the program authorized by this subchapter shall make application to the commission.

(b) Approval of any participating community lender shall be done by action of the Arkansas Economic Development Council.