§ 15-5-1110 - Financial report of Capital Access Fund.

15-5-1110. Financial report of Capital Access Fund.

(a) At least semiannually every calendar year, the Arkansas Development Finance Authority shall prepare a report conforming to generally accepted accounting principles that describes the financial condition of the Capital Access Fund and describes the results and economic impact of the Arkansas Capital Access Program for Small Business.

(b) The reports required under this section shall be submitted to the Governor and to the Legislative Council.