reglab/housing_qa huggingface dataset:
AR Code § 6-20-706 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 7 - School Lunch Program|§ 6-20-706. Acceptance of gifts

 The State Board of Education and any school district may accept any gift for use in connection with any school lunch program.
AR Code § 6-20-707 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 7 - School Lunch Program|§ 6-20-707. Use of funds by school districts

 Pursuant to any power of school districts to operate or provide for the operation of school lunch programs in schools under their jurisdiction, school districts may use the funds disbursed to them under the provisions of this subchapter, gifts, and other funds received from sale of school lunches for establishment, expansion, and improvement of school lunch programs.
AR Code § 6-20-708 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 7 - School Lunch Program|§ 6-20-708. Appropriation of state funds authorized

 There is authorized to be appropriated from time to time out of money in the State Treasury not otherwise appropriated such sums as may be necessary to enable the State Board of Education to provide for the establishment, maintenance, operation, and expansion of school lunch programs, including, but not limited to, the payment of administrative expenses and the matching or supplementing of federal funds.
AR Code § 6-20-709 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 7 - School Lunch Program|§ 6-20-709. School lunch menus

 (a) In addition to following the dietary guidelines of the National School Lunch Program, each school district shall provide to the school district's school nutrition and physical activity advisory committee:  (1) Information on the requirements and standards of the program; and  (2) Menus for the program and other food sold in the school cafeteria on a quarterly basis.    (b) The school nutrition and physical activity advisory committee shall provide recommendations to the school district concerning menus and other foods sold in the school cafeteria.  (c) The Child Health Advisory Committee, the Child Nutrition Unit, and the Department of Health shall provide technical assistance as necessary.
AR Code § 6-20-801 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-801. Continuance of Revolving Loan Fund

 (a) The fund in the State Treasury known as the “Revolving Loan Fund” shall continue, under the exclusive jurisdiction of the State Board of Education, as the lending fund for the Public School Fund.  (b) All unencumbered assets, both cash and securities, in the Revolving Loan Fund shall remain inviolate and intact as though in the Public School Fund and shall be held by the Treasurer of State, as custodian, subject, however, to its administration by the state board for the purposes provided in this subchapter.  (c) All earnings received on the investment of assets held in the Revolving Loan Fund shall be used for the following purposes, and in the following order of priority:  (1) To pay expenses of the operation of the revolving loan program administered by the state board and the Division of Elementary and Secondary Education; and  (2) To fund revolving loans made pursuant to § 6-20-802 or any like or successor law.
AR Code § 6-20-802 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-802. Purposes of loan

 Subject to the conditions and limitations contained in this subchapter, any school district may borrow and the State Board of Education may lend moneys in the Revolving Loan Fund for any of the following purposes:   (1) The funding of its legally issued and outstanding postdated warrants;  (2) The purchase of new or used school buses or the refurbishing of school buses;  (3) The payment of premiums on insurance policies covering its school buildings, facilities, and equipment in instances in which the insurance coverage extends three (3) years or longer;  (4) The replacement of or payment of the school district's pro rata part of the expense of employing professional appraisers as authorized by § 26-26-601 et seq. [repealed] or other laws providing for the appraisal or reappraisal and assessment of property for ad valorem tax purposes;  (5) The making of major repairs and the construction of additions to existing school buildings and facilities;  (6) The purchase of surplus buildings and equipment;  (7) The purchase of sites for and the cost of construction thereon of school buildings and facilities and the purchase of equipment for the buildings;  (8) The purchase of its legally issued and outstanding commercial bonds at a discount provided that a substantial savings in gross interest charges can be thus effected;  (9) The refunding of all or any part of its legally issued and outstanding debt, both funded and unfunded;  (10) The purchase of equipment;  (11) The payment on loans secured for settlement resulting from litigation against a school district;  (12) The purchase of energy conservation measures as defined in § 6-20-401;  (13) The maintenance and operation of the school district in an amount equal to delinquent property taxes resulting from bankruptcies or receiverships of taxpayers; and  (14)  (A) Loans to school districts in an amount equal to insured facility loss or damage when the insurance claim is being litigated or arbitrated.  (B) For purposes of this subdivision (14), the loans become payable and due when the final settlement is made, and the loan limits prescribed by § 6-20-803 shall not apply.
AR Code § 6-20-803 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-803. Loans to local school districts

 (a) The maximum amount of money a local school district may borrow from the Revolving Loan Fund shall be five hundred thousand dollars ($500,000).  (b) Notwithstanding subsection (a) of this section, a school district participating in the Compressed Natural Gas School Bus Pilot Program under § 6-19-128 [repealed] additionally may borrow up to one million five hundred thousand dollars ($1,500,000) for the purchase of new compressed natural gas school buses.
AR Code § 6-20-804 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-804. Application for loan

 (a)  (1) The board of directors of any school district desiring to borrow money from the Revolving Loan Fund, acting through its chair or president, and secretary, shall file a formal application with the State Board of Education.  (2) The application shall contain the following information:  (A) The name, number, and location of the school district;  (B) The date and place of the meeting of the board of directors at which action was taken authorizing its chair or president, and secretary to make formal application for a loan;  (C) The purpose for which the proceeds of the loan would be used;  (D) The amount of the assessed valuation of both real and personal property within its boundaries for the then-current year;  (E) The estimated amount that it proposes to borrow, together with supporting evidence upon which the estimate is based;  (F) A detailed description of its valid outstanding debt, both funded and unfunded, itemizing the respective amounts thereof, and a statement setting forth the security, if any, pledged to the payment of each classification of the debt;  (G) The method that it proposes to adopt to secure, and to amortize, any proposed borrowing from the fund; and  (H) Such additional information as may be required by the state board.      (b) Each application shall be executed in duplicate, the original to be filed with the state board and one (1) copy to be retained in the files of the school district.
AR Code § 6-20-805 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-805. Approval, partial approval, or disapproval of loans

 (a)  (1) Within a reasonable time after its receipt, each application shall be examined by the Commissioner of Education as to accuracy with respect to answers contained therein relating to fiscal matters.  (2) A statement of the commissioner's findings, together with the commissioner's recommendations, shall be submitted with the application to the State Board of Education for consideration.    (b)  (1) After considering the merits of each application, the state board may, in its discretion, approve the application for the full amount of the proposed loan, approve the application for a loan of a lesser amount than the amount requested, or disapprove the application.  (2) The applicant shall forthwith be notified by the commissioner of the action taken by the state board.    (c) The state board may, by resolution, delegate to the commissioner any of the powers or duties vested in or imposed upon it by this subchapter with respect to the approval of loans made from the Revolving Loan Fund in instances in which such loans are to be evidenced by revolving loan certificates of indebtedness.  (d) Such delegated powers and duties may be exercised by the commissioner in the name of the state board.
AR Code § 6-20-806 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-806. Revolving loan bonds and certificates of indebtedness

 (a)  (1) Each such loan that is to be amortized or paid in full, both principal and interest, within or at the end of ten (10) years from the date of its approval by the State Board of Education shall be evidenced by the school district's obligations that shall be designated and known as “revolving loan certificates of indebtedness”.  (2) Each such loan whose date of final principal and interest maturity extends beyond the ten-year period shall be evidenced by the school district's obligations, which shall be designated and known as “revolving loan bonds”.    (b)  (1) Revolving loan bonds and revolving loan certificates of indebtedness shall be in such form and denomination, shall have such dates and maturities, shall bear interest payable at such times, and at such rates, shall be payable at such place or places, shall contain such provisions as to registration of ownership, if in its opinion registration is desirable, and shall contain such provisions as to redemption before maturity at such prices, including such premiums, all as the state board shall determine.  (2) The bonds and certificates shall have all the qualities of negotiable instruments under the laws of the State of Arkansas, subject to the provisions as to registration of ownership set forth above.    (c)  (1) The state board shall continually endeavor to keep the interest rates on revolving loan bonds and revolving loan certificates of indebtedness as low as possible, consistent with the continued and assured funding of the revolving loan program.  (2) To this end, the state board will obtain and consider relevant information regarding economic conditions and interest rates on comparable obligations and shall fix and alter interest rates of revolving loan bonds and revolving loan certificates of indebtedness as feasible and appropriate.
AR Code § 6-20-807 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-807. Pledge to secure payment of obligation

 (a) For the purpose of fully securing revolving loan bonds or revolving loan certificates of indebtedness, the issuing school district may pledge any one (1) or more of the following, as shall be determined by the State Board of Education, as a condition precedent to the making of any such loans:  (1) The proceeds of taxes to be collected from a continuing ad valorem tax levy on all of the taxable real and personal property within the bounds of the school district, such levy having been proposed by the board of directors of the issuing school district and approved by a majority of the qualified electors of the school district voting on the proposition at an election called and held according to law;  (2) The per capita apportionment, or any part thereof, allocable to the school district from the Public School Fund;  (3) Any other moneys allocable to the school district by the State of Arkansas, the use of which is not otherwise specifically provided by law;  (4) Any surplus revenues arising each year from taxes voted to meet annual debt service requirements of any other issues of the school district's obligations; and  (5) Any other revenues or resources of the school district that may be legally pledged to secure obligations of the school district.    (b) In the event the proceeds of any such loan are to be used for the retirement of any of its legally issued and outstanding commercial bonds, the school district may, in lieu of the pledge requirements provided in subsection (a) of this section and subject to the approval of the state board, secure the payment of any such loan by the deposit with the state board of all commercial bonds so purchased.  (c) In all instances, the pledge to secure the payment of the revolving loan bonds or revolving loan certificates of indebtedness, both principal and interest, shall be contained in a resolution adopted by the board of directors of the school district.
AR Code § 6-20-808 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-808. Pledge of ad valorem tax levy — Duty of county officers

 (a)  (1) In each instance in which a loan from the Revolving Loan Fund is to be secured in whole or in part from the proceeds of taxes to be collected from a continuing ad valorem tax levy to be approved by a majority of the qualified electors of the district voting on the proposition at an election, the form of ballot, and all such other things and matters required to be done and passed upon, shall be the same in all respects as though commercial bonds were to be issued.  (2) Each such ballot shall reflect:  (A) The total amount of funds which the school district proposes to borrow, and the purposes for which the proposed loan is to be used; and  (B) The number of mills on each dollar of the assessed valuation of taxable property within the bounds of the school district to be levied annually to meet the debt service requirements of the obligations.      (b)  (1) Whenever at any such election the electors approve the annual levy of taxes for the purposes aforesaid, it shall be the duty of the clerk of the county court of the county in which the school district is located to present the proposition each year to the levying court of the county on the first day when it is in session for the levy of taxes, and it shall be the duty of the levying court to levy the rate as so presented by the county clerk.  (2) In the event that the county clerk shall fail to present the proposition to the levying court or in the event that the levying court shall fail to take affirmative action in respect to the making of such levy, it shall, nevertheless, be the duty of the official required by law to make the extension of taxes on the tax rolls to extend the taxes at the rate so approved by the electors on all taxable real and personal property within the bounds of the school district.    (c) All taxes collected under the levy shall be, by the county treasurer or school district treasurer, set aside and apart from all other funds of the school district for use only for the purpose of meeting the annual debt service requirements of the obligations secured by the pledge of such ad valorem tax levy, provided that any surplus accruing annually from the collection of taxes under any such levy may be, by resolution adopted by the board of directors of the school district, transferred by the county treasurer or school district treasurer to the school district's general operating fund.
AR Code § 6-20-809 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-809. Loans secured by district sources other than ad valorem tax levy

 (a) In each instance in which a loan from the Revolving Loan Fund is to be secured in whole by funds derived from sources other than from a specifically voted continuing ad valorem tax levy on the taxable real and personal property within the bounds of the school district, the board of directors of the school district, acting through its chair or president, and secretary, shall cause to be published by one (1) insertion in a newspaper having a general circulation within the school district a notice of its intention to borrow funds, setting forth therein the amount of funds that it proposes to borrow, the purposes for which the funds are to be used, and the particular funds of the school district that it proposes to pledge to secure the payment of the loan.  (b) In no such instance may a loan be made from the Revolving Loan Fund without the approval of a majority of the qualified electors voting on the proposition at a legally held school election whenever, on or before the fourteenth day next following the publication of any such notice as aforesaid, petitions objecting to such proposed loan containing the signatures of not less than twenty percent (20%) of the qualified electors residing within the school district shall be filed with, and certified as sufficient by, the clerk of the county court of the county in which the school district is located.  (c) In the event, however, that no such petitions shall be filed within the fourteen-day period, or in the event any such petitions that may be filed within the period shall fail to contain the requisite number of valid signatures as certified by the county court clerk, the school district board of directors shall proceed with the making of the loan.
AR Code § 6-20-810 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-810. Certificate of approval — Instrument negotiable

 (a) Whenever all of the conditions required by this law have been met, the Commissioner of Education shall execute a certificate on each revolving loan bond or revolving loan certificate of indebtedness to the effect that the bond or certificate, and the issue of which it is a part, has been approved by the State Board of Education.  (b) Thereafter, each such revolving loan bond or revolving loan certificate of indebtedness shall be a negotiable instrument.
AR Code § 6-20-811 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-811. Delivery of obligations — Drawing and receipt of warrant — Use of funds

 (a) All such obligations shall be delivered to the State Board of Education, and coincident therewith the Commissioner of Elementary and Secondary Education shall cause a state warrant to be drawn upon the Revolving Loan Fund or the Revolving Certificate Proceeds Account, payable to the treasurer of the issuing school district if the school district has a treasurer or to the county treasurer of the county in which the school district is located if the school district does not have a treasurer, in an amount equal to the principal amount of the revolving loan bonds or revolving loan certificates of indebtedness.  (b) Upon receipt of the state warrant, the school district treasurer or the county treasurer, as the case may be, shall deposit the proceeds thereof to the credit of the school district, and such funds shall thereafter be used by the school district only for the purposes for which the loan is granted.  (c) All revolving loan bonds or revolving loan certificates of indebtedness shall be negotiable instruments, as set forth in § 6-20-806, and any or all such obligations may be assigned and sold by the commissioner.  (d) Any sale pursuant to subsection (c) of this section shall be in the open market upon not fewer than four (4) invitations for bids and, in consummation of any such sale, the commissioner, or such other person as may be designated by the state board, may execute and deliver such assignments, notices, servicing agreements, and other agreements and writings as may be appropriate.  (e) The proceeds of any sale pursuant to this section shall be deposited into the Revolving Certificate Proceeds Account, subject to payment of the costs of sale and servicing of such revolving loan bonds or revolving loan certificates of indebtedness, as set forth in written instructions executed by the commissioner or such other person as may be designated by the state board.  (f) The state board shall have authority to adopt rules necessary to implement this section.
AR Code § 6-20-812 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-812. Interest and payments of principal deposited into State Treasury

 (a) Subject to the provisions of subsection (b) of this section, all interest received on securities held in the Revolving Loan Fund shall be deposited into the State Treasury and credited to the Permanent School Revolving Loan Fund.  (b) In the event of the sale of any school district obligations pursuant to § 6-20-811, all principal and interest payments on such school district obligations shall be regarded and treated as cash funds and shall not be deposited into the State Treasury, but shall be deposited into a bank or banks approved by the Commissioner of Education.
AR Code § 6-20-813 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-813. Principal and interest charge against revenues of school district

 Principal and interest maturities of obligations issued under the provisions of this subchapter shall be a charge against the revenues of the school district for the fiscal year in which the maturities are respectively due.
AR Code § 6-20-814 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 8 - Revolving Loan Program — General Provisions|§ 6-20-814. Default or threatened default

 (a) In the event of a default or threatened default in the payment of the principal of or interest on any revolving loan bonds or revolving loan certificates of indebtedness, the Commissioner of Elementary and Secondary Education is authorized and directed to withhold from the apportionment otherwise due any borrowing school district, moneys in amounts sufficient to obviate or avoid any default or threatened default.  (b) The Chief Fiscal Officer of the State shall prescribe the method of procedure to be followed in any such event to obviate or avoid any default or threatened default.  (c) Under such rules as shall be established by the Chief Fiscal Officer of the State, all maturities of principal and interest, as and when due, may be withheld from any such apportionments when mutually agreeable to the commissioner and the board of directors of the debtor school district.