§ 19-5-951 - Arkansas Natural and Cultural Resources Grants and Trust Fund.
19-5-951. Arkansas Natural and Cultural Resources Grants and Trust Fund.
(a) There is hereby established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Arkansas Natural and Cultural Resources Grants and Trust Fund.
(b) This fund shall consist of eighty percent (80%) of those special revenues as specified in 19-6-301(145), there to be used by the Arkansas Natural and Cultural Resources Council for use in the acquisition, management, and stewardship of state-owned lands and other purposes as set out in 15-12-101 -- 15-12-103.