reglab/housing_qa huggingface dataset:
AR Code § 6-20-1228 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 12 - District Bonds|§ 6-20-1228. Issuance of bonds — Refunding of bonded indebtedness — Maintenance and operation of schools

 (a)  (1) Any school district of this state is authorized to sell bonds in an amount not to exceed an amount equal to the principal amount of the bonds refunded as originally issued for the purposes of refunding all or any part of its bonded indebtedness outstanding at the time of passage of this act, and of providing funds for maintaining and operating schools in the school district.  (2) Such bonds may be sold with the privilege of conversion as provided in this subchapter.    (b) Issuance of the bonds shall be subject to the approval of the State Board of Education and to the approval by the electors of the school district of a continuing annual tax for retirement of the bonds.
AR Code § 6-20-1229 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 12 - District Bonds|§ 6-20-1229. Issuance of second-lien commercial bonds — Definitions

 (a) As used in this section:  (1) “Issue”, “issuance”, or some variety thereof means the date upon which a second-lien bond is actually sold; and  (2) “Second-lien bond” means a commercial bond issued under the authority set forth in § 26-80-106.    (b) All second-lien bonds issued by school districts shall have semiannual interest payments.
AR Code § 6-20-1401 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 14 - State Aid for Construction|§ 6-20-1401. Rules

 The Commission for Arkansas Public School Academic Facilities and Transportation may make rules consistent with this subchapter that the commission determines are necessary to accomplish the purposes of this subchapter.
AR Code § 6-20-1407 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 14 - State Aid for Construction|§ 6-20-1407. Approval of building plans

 (a) As used in this section:  (1) “Public school facility” has the same meaning as defined in § 6-21-803 of the Arkansas Public School Academic Facilities Program Act, § 6-21-801 et seq.; and  (2) “Self-funded project” is a project that is one hundred percent (100%) raised and funded by the school district.    (b) No public school facility shall be built, added to, or renovated except in accordance with the plan finally approved by the Commission for Arkansas Public School Academic Facilities and Transportation for all projects in which the commission requires its approval.  (c) A copy of approved plans and specifications of all new public school facilities, additions, or renovations shall be filed with and approved by the commission before construction shall be commenced.  (d) The approval process established by the commission shall include review and approval by all appropriate and applicable state agencies, boards, and local officials necessary to meet the standard contained in the Arkansas Public School Academic Facility Manual.  (e)  (1) For new public school facilities, a copy of final construction documents shall be submitted to the Design Review Section for review in regard to compliance with the Arkansas-adopted Americans with Disabilities Act Accessibility Guidelines, 42 U.S.C. § 12101 et seq.  (2) All review comments received from the Building Authority Division shall be in writing.  (3) Corrected construction documents shall be received and approved by the division.  (4) No new public school facilities project shall be released for bidding or construction until the requirements of this subsection are met.    (f)  (1) For additions or renovations, a copy of final construction documents shall be submitted to the State Fire Marshal Enforcement Section for review in regard to compliance with the Arkansas-adopted Americans with Disabilities Act Accessibility Guidelines, 42 U.S.C. § 12101 et seq.  (2) All review comments received from the State Fire Marshal Enforcement Section shall be in writing.  (3) Corrected construction documents shall be received and approved by the State Fire Marshal Enforcement Section.  (4) No additions or renovation project shall be released for bidding or construction until the requirements of this subsection are met.    (g) Review and approval of plans under this section or otherwise shall not be a guarantee of state financial participation in any public school academic facilities project.  (h)  (1) The commission shall approve a self-funded project that complies with state codes and standards.  (2) A school district may submit a self-funded project in the form of an appendix to the existing school district master plan at any time.
AR Code § 6-20-1501 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1501. Title

 This subchapter shall be known as the “Public Elementary and Secondary School Insurance Act”.
AR Code § 6-20-1502 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1502. Establishment of insurance system

 The purpose of this subchapter is to establish and maintain a system of insurance for the public elementary and secondary schools, education service cooperatives, and open-enrollment public charter schools of Arkansas.
AR Code § 6-20-1503 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1503. State Insurance Department — Powers and duties regarding insurance for public elementary and secondary schools

 It shall be the power and duty of the State Insurance Department to:   (1) Adopt such rules as may be necessary to provide for the insuring of public elementary and secondary school, education service cooperative, and open-enrollment public charter school property within the State of Arkansas;  (2) Administer the Public School Insurance Trust Fund;  (3) Delegate responsibilities in connection with the administration of this subchapter to the Director of the Risk Management Division and the staff of the department;  (4)  (A) Establish and administer a program of insurance to cover buildings and contents of public school districts, education service cooperatives, and open-enrollment public charter schools of this state that have elected to participate in a multischool insurance program.  (B) The programs shall be in accordance with recognized and established insurance practices;    (5) Establish, and from time to time modify, the premium rates to be charged for the various risks;  (6) Specify the form for insurance policies and other forms required for the purposes of this subchapter;  (7)  (A) Purchase insurance in compliance with all state purchasing laws from insurance companies authorized to do business in this state in keeping with recognized principles of good risk management.  (B) The director shall prescribe, from time to time, rules and regulations for placing and handling the insurance;    (8) Employ necessary adjusters, engineers, appraisers, and other personnel required in the administration of this subchapter;  (9) Engage in a program of prevention loss control to assist the various public schools in improving and minimizing potential insurance losses;  (10) Perform all additional powers and duties necessary to maintain sound insurance underwriting practices recognized by good risk management;  (11) Periodically review the status of the fund and the adequacy of insurance premium rates and compare these rates with rates for comparable risks for private insurance companies;  (12) Confer with superintendents and boards of directors of school districts, the governing boards of education service cooperatives, and open-enrollment public charter schools concerning insurance practices of the various school districts, education service cooperatives, and open-enrollment public charter schools;  (13) Promulgate rules and regulations for the administration of the state public school insurance program; and  (14) Perform other duties that will expedite the operation of the Public Elementary and Secondary School Insurance Program.
AR Code § 6-20-1505 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1505. Information to be furnished

 (a) The Director of the Risk Management Division of the State Insurance Department, with the approval of the Insurance Commissioner, shall require school district superintendents, county school supervisors, clerks, or governing boards of the education service cooperatives or open-enrollment public charter schools to furnish the State Insurance Department a complete list showing the location of every school building sixty (60) days before entering the program and upon written request by the department.  (b) The department shall have authority to require each school district, education service cooperative, or open-enrollment public charter school to furnish a complete report of its insurance program, including the expiration dates of its contracts, a history of losses, or any additional information required by the insurer.
AR Code § 6-20-1506 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1506. Finding of uninsurability — Effect

 (a)  (1) The State Insurance Department is authorized to maintain an inspection and engineering service and a training program designed to reduce the hazards in public school buildings insured under this program.  (2) The department shall have authority to cancel or not renew insurance on any school property if the property is deemed no longer insurable.  (3) The department may refuse to insure property when it determines that the property does not meet program guidelines.    (b) In carrying out its duties pursuant to this section, the department may request and the affected school district shall provide any information requested for a determination concerning the reasons for the denial, nonrenewal, or cancellation of insurance coverage.
AR Code § 6-20-1507 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1507. Premium rate and payment

 (a) The premium rate shall be actuarially sound.  (b) School districts, education service cooperatives, or open-enrollment public charter schools shall make payment of premium when demand is made as scheduled in the contract.  (c)  (1) Any school district, education service cooperative, or open-enrollment public charter school which does not pay the premium when due shall be charged a rate of interest at five percent (5%) per annum on all payments due and unpaid on the policy issued.  (2) The State Insurance Department may cancel insurance coverage for school districts, education service cooperatives, or open-enrollment public charter schools that fail to pay the premium due within thirty (30) days.  (3) The department shall give thirty (30) days' notice before any cancellation for nonpayment.    (d) Rules of the department shall include such items as payment of premiums and other pertinent items with reference to the premium rate, but the rules shall not be more stringent than practices of commercial companies writing similar insurance in Arkansas.  (e) Premiums collected by the Public Elementary and Secondary School Insurance Program shall continue to be subject to any premium tax now or hereafter levied for the support of the firemen's pension and relief fund.
AR Code § 6-20-1508 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1508. Appraisal and payment of losses

 (a) In the event of loss of school district, education service cooperative, or open-enrollment public charter school property under the Public Elementary and Secondary School Insurance Program, the Public School Insurance Trust Fund shall pay the loss as specified in the contract.  (b) When an agreement as to the extent of loss or damage cannot be reached between the State Insurance Department and officials having charge of the property, the amount of the loss or damage shall be determined by three (3) appraisers, one (1) to be named by the department, one (1) by the school district, education service cooperative, or open-enrollment public charter school governing board, and a third to be selected by the two (2) appointed appraisers, all of whom shall be disinterested persons and qualified from experience to appraise and value such property.  (c) If a third appraiser is not agreed upon within thirty (30) days, the Insurance Commissioner shall have authority to appoint a third appraiser.  (d) It shall be the duty of the department to coordinate, facilitate, and expedite details in connection with responsibilities outlined in this section.  (e) The department is granted authority to contract for services with licensed real estate brokers in order to expedite and facilitate the proper operation of the program.
AR Code § 6-20-1509 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1509. Effect of federal assistance

 Any school district, education service cooperative, or open-enrollment public charter school that may receive financial assistance from the United States government as a result of federal legislation pertaining to disasters shall not be adversely affected as a result of any moneys due from the Public School Insurance Trust Fund because of coverage by the Public Elementary and Secondary School Insurance Program.
AR Code § 6-20-1511 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1511. Permanent Insurance Reserve Fund

 The General Assembly shall provide a Permanent Insurance Reserve Fund of not less than two million dollars ($2,000,000) on a loan basis for the purpose of initiating the Public Elementary and Secondary School Insurance Program.
AR Code § 6-20-1512 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1512. Disposition of funds

 All funds received by the State Insurance Department as premiums, adjustments, earnings, and the like, as provided in this subchapter, shall be deposited into the Public School Insurance Trust Fund and used for the following purposes, listed in a descending order of priority:   (1) To defray administrative costs;  (2) To pay claims; and  (3) To maintain the Public School Insurance Trust Fund.
AR Code § 6-20-1513 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1513. Bond obligations

 (a) The State Insurance Department is authorized and directed to meet legal requirements with reference to coverage on buildings as a result of school district, education service cooperative, or open-enrollment public charter school bond obligations.  (b) The specific intent of this section is to ensure that policies issued by the Public Elementary and Secondary School Insurance Program include provisions required by existing school district bond contracts.
AR Code § 6-20-1514 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1514. Investments

 (a) The State Insurance Department is authorized to invest funds of the Public Elementary and Secondary School Insurance Program.  (b) Funds of the program may be invested and reinvested as the Insurance Commissioner may determine.  (c) Moneys invested and interest earned thereon shall be administered as program funds.  (d) Moneys deposited to the program shall not be subject to any deduction, tax, levy, or any other type of assessment.
AR Code § 6-20-1515 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 15 - Public Elementary and Secondary School Insurance Act|§ 6-20-1515. Annual reports

 The State Insurance Department shall report annually to the Governor and the General Assembly on the status of the Public Elementary and Secondary School Insurance Program. The report shall include a detailed statement of investments and earnings.
AR Code § 6-20-1801 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 18 - Audits|§ 6-20-1801. Filing of audit reports

 (a)  (1) Unless a shorter period is prescribed by law or rule, all school districts' annual audits not conducted by Arkansas Legislative Audit shall be completed and filed with the Division of Elementary and Secondary Education and Arkansas Legislative Audit within nine (9) months following the end of each fiscal year.  (2) At the request of the school district, the division may grant an extension of up to ninety (90) days on the deadline under this subsection.    (b)  (1) All school district contracts for audit services with private certified public accountants shall contain a provision requiring completion of the audit and filing of the audit reports by the auditor with the division and Arkansas Legislative Audit within nine (9) months following the end of each fiscal year.  (2) At the request of the school district, the division may grant an extension of up to ninety (90) days on the deadline under this subsection.    (c) Arkansas Legislative Audit shall annually provide the division a list of school districts audited by Arkansas Legislative Audit and update the division on any changes throughout the year.  (d)  (1) If the division has identified a school as being in fiscal distress by June 30 of any year, the annual audit of that school district shall be completed and filed with the division and the Legislative Joint Auditing Committee within six (6) months following the end of each fiscal year.  (2) If the Legislative Joint Auditing Committee determines that circumstances warrant, the Legislative Joint Auditing Committee may extend the time to file the audit report of a fiscally distressed school district up to an additional ninety (90) days.
AR Code § 6-20-1802 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 18 - Audits|§ 6-20-1802. Fiscal distress for failure to file

 (a) Any school district failing to file an audit report required by § 6-20-1801 within the nine-month time period or within the time period under any extension granted by the Division of Elementary and Secondary Education shall automatically be considered by the division to be in fiscal distress.  (b) By January 31 of each year, the division, by certified mail, shall notify any school district failing to file the required audit report that the school district is considered in fiscal distress.
AR Code § 6-20-1803 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 18 - Audits|§ 6-20-1803. Questionable audit reports

 (a) If the Division of Elementary and Secondary Education or the Legislative Joint Auditing Committee is concerned that a particular audit may be substandard or seriously questionable with respect to applicable professional auditing standards, the division or the Legislative Joint Auditing Committee may file a complaint on the audit report to the Arkansas State Board of Public Accountancy.  (b) The board shall review all audit reports and working papers filed with the board under this subchapter. The board shall determine whether the report is in general conformity with applicable professional standards and state laws and rules and shall take appropriate action.
AR Code § 6-20-1804 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 18 - Audits|§ 6-20-1804. List of ineligible accountants

 (a) The Division of Elementary and Secondary Education shall maintain a list of accountants or accounting firms ineligible to conduct school district audits. Accountants or accounting firms placed on the ineligibility list by the division shall be ineligible to conduct school audits for a period determined by the division but which shall not exceed a five-year period from the end of the fiscal year for which the audit report was contracted to be prepared.  (b) Before entering into contracts for audit services, school districts shall inquire with the division which accountants are ineligible to conduct public school audits.  (c) The division may place accountants or accounting firms on the ineligibility list for any of the following reasons:  (1) If, in the opinion of the division or the Legislative Joint Auditing Committee, a school district audit report is not filed within the nine-month time period or within the time period under any extension granted by the division with the division and Arkansas Legislative Audit as required by § 6-20-1801 because of neglect or fault of the certified public accountant or accounting firm;  (2) If the Quality Review Committee of the Arkansas State Board of Public Accountancy reports to the division and the Legislative Joint Auditing Committee that a school district audit report shows evidence of lack of general conformity with applicable professional standards or state laws and rules or evidence that the report is substandard or seriously questionable; or  (3) Any other compelling reason that the division believes justifies placing the accountant or accounting firm on the ineligibility list.
AR Code § 6-20-1805 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 2 - Elementary and Secondary Education Generally|Chapter 20 - Finances|Subchapter 18 - Audits|§ 6-20-1805. Training requirements for bookkeepers

 (a) The State Board of Education shall establish by rules appropriate training and continuing education requirements for individuals whose job responsibilities include preparing a budget or classifying, recording, or reporting receipts or expenditures of a school or school district.  (b) The state board shall establish rules to assure the proficiency of school employees or other individuals to properly classify, record, and report the fiscal transactions of schools or school districts.  (c) If the state board determines that a school or school district is not properly recording or reporting the fiscal transactions or budget of the school district, the superintendent and school district board of directors may be required to appear before the state board to explain why the school or school district has not complied with the fiscal recording and reporting requirements.