Statutes > Arkansas Statutes > Title 6 - Education > Subtitle 5 - Postsecondary And Higher Education Generally > Chapter 62 - Property And Finances Of State Institutions > Subchapter 11 - Higher Education Technology and Facility Improvement > § 6-62-1107 - Projects to be financed.

§ 6-62-1107 - Projects to be financed.

6-62-1107. Projects to be financed.

The proceeds of bonds issued under this subchapter for nonrefunding purposes shall be used to finance the development of technology projects and facility improvement projects. However, none of the projects shall be primarily for athletic facilities.