reglab/housing_qa huggingface dataset:
AR Code § 6-62-306 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 3 - Facilities — Construction or Purchase|§ 6-62-306. Bonds or notes — Issuance on advice of Arkansas Higher Education Coordinating Board

 (a) The boards of trustees of the University of Arkansas, University of Central Arkansas, Henderson State University, Arkansas State University, Arkansas Tech University, and Southern Arkansas University, hereinafter referred to as the “board of the institution involved”, shall not issue any notes or bonds under the provisions of this subchapter for any of the purposes authorized by this subchapter, unless prior to the issuance of such notes or bonds, the board of the institution involved shall have obtained the advice of the Arkansas Higher Education Coordinating Board as to the economic feasibility of the particular project to be financed, in whole or in part, by those notes or bonds.  (b) The board of the institution involved shall submit to the Arkansas Higher Education Coordinating Board information pertaining to the proposed project concerning existing and proposed buildings, improvements, equipment, and facilities of the institution involved; finances, revenues, appropriations, and cash funds of the institution involved; and enrollment, housing, and other information deemed pertinent to and requested by the Arkansas Higher Education Coordinating Board to enable the board to determine the feasibility of the project.  (c) The Arkansas Higher Education Coordinating Board shall notify the board of the institution involved, within thirty (30) days from the date the information is submitted to the board, of the board's advice with respect to the economic feasibility of the particular project.  (d) The advice of the Arkansas Higher Education Coordinating Board under this section shall not be binding on the board of the institution involved.  (e)  (1) This section shall not be construed to deprive, transfer, limit, or in any way alter or change any of the powers vested in the board of the institution involved under existing constitutional and statutory provisions.  (2) Furthermore, the authority conferred upon the Arkansas Higher Education Coordinating Board by this section shall not extend to the feasibility of the notes or bonds proposed to be issued by the board of the institution involved or to any of the terms, conditions, and provisions thereof, and this section shall not be construed to impair in any way the validity of any notes or bonds issued by the board of the institutions involved under this subchapter or impair or affect in any way the obligations of the board of the institution involved or the rights of any holder or registered owner of the notes or bonds.
AR Code § 6-62-307 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 3 - Facilities — Construction or Purchase|§ 6-62-307. Bonds or notes — Execution

 (a) The notes or bonds shall be executed by the president or chair and secretary of the board.  (b) The coupon attached to the bonds may be executed by the facsimile signature of the president or chair.  (c) In case any of the officers whose signatures appear on the bonds or coupons shall cease to be officers before delivery, the signatures shall nevertheless be valid and sufficient for all purposes, the same as if they had remained in office until the delivery.
AR Code § 6-62-308 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 3 - Facilities — Construction or Purchase|§ 6-62-308. Bonds or notes — Terms and conditions

 (a) The notes or bonds shall be payable at such time or times and at such place or places, shall be in such form and denominations, may be subject to such terms of redemption, with or without a premium, shall bear such rate or rates of interest, shall be payable annually or semiannually, and shall be sold for such price and in such manner, as the board of trustees by resolution shall determine.  (b) In the resolution, the board may provide for the initial issuance of one (1) or more bonds aggregating the principal amount of the entire issue and may, in the resolution, make such provisions for installment payments of the principal amount of the bonds as it may consider desirable and may provide for the making of the bonds payable to bearer or otherwise, registrable as to principal or as to both principal and interest and where interest accruing thereon is not represented by interest coupons for the endorsement of payment of interest on the bonds.  (c) The board may make provision in the resolution for the manner and circumstances in which and under which the bonds may, in the future at the request of the holders thereof, be converted into bonds of smaller denomination, which bonds of smaller denomination may in turn be either coupon bonds or bonds registrable as to principal or registrable as to principal and interest.
AR Code § 6-62-309 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 3 - Facilities — Construction or Purchase|§ 6-62-309. Bonds or notes — Liability

 (a) The bonds or notes shall be general obligations only of the board of trustees, and in no event shall they be considered a debt for which the faith and credit of the State of Arkansas or any of its revenues are pledged.  (b) No member of any board shall be personally liable for the notes or bonds, or for any damages sustained by anyone in connection with contracts for loans or the construction of the buildings, unless it shall be made to appear that he or she has acted with a corrupt intent.  (c) Upon a determination of the board that a reallocation of resources is necessary for the purposes of preventing a default on its indebtedness, the board has specific authority to transfer funds between and among campuses, divisions, and other budgetary units of its institution of higher education. Upon exercising the authority to reallocate resources as provided by this section, the board of trustees shall report the reasons for and the details of such reallocations to the Legislative Council or Joint Budget Committee immediately thereafter.
AR Code § 6-62-310 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 3 - Facilities — Construction or Purchase|§ 6-62-310. Bonds or notes — Related agreements authorized

 (a) For the purpose of obtaining any loan or carrying out any condition imposed by the original purchaser of the notes or bonds in connection with any loan, the board of trustees may execute such documents and enter into such agreements as it may deem necessary or proper in connection therewith, including, but without limiting the generality of the foregoing, any agreement relating to:  (1) The maintenance of a maximum percentage of occupancy of buildings;  (2) The imposition of minimum rates for occupancy or use adequate to provide for the payment of the principal of and interest on any notes or bonds;  (3)  (A) The priority of the lien of notes or bonds on the gross tolls, fees, rents, other charges, surplus not pledged of gross tolls, fees, rents, and other charges, activity fees and gate receipts of athletic contests, and other revenues of whatever nature authorized to be pledged to the payment of the principal of and interest on the notes or bonds.  (B) It is the intention of this subdivision that the board, in any resolution authorizing the issuance of a particular series of notes or bonds, may provide that subsequent series of notes or bonds payable from the tolls, fees, rents, activity fees, and gate receipts pledged to the particular issue authorized by the resolution may not be issued, that subsequent series of notes or bonds shall be subordinate as to lien, or that subsequent series of notes or bonds shall enjoy parity of lien upon such conditions and restrictions as may be inserted by the board in the authorizing resolution; and    (4) The deposits in banks and the manner of withdrawal of revenues for payment of the principal of and interest on the notes or bonds and the deposits in banks and the manner of withdrawal of the proceeds of the sale of notes or bonds.    (b)  (1) Any agreement entered into by the board shall be binding in all respects upon the board and their successors from time to time in accordance with the terms and all of the provisions of the agreement.  (2) The terms and provisions shall be enforceable by appropriate proceedings at law or in equity, or otherwise, provided no mortgage or other lien shall be executed on any of the lands or buildings belonging to the State of Arkansas.
AR Code § 6-62-311 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 3 - Facilities — Construction or Purchase|§ 6-62-311. Rents, tolls, fees, etc. — Rules authorized

 A board of trustees is further authorized and empowered to fix the rents, tolls, fees, other charges, activity fees, and gate receipts of athletic contests and to make and to enforce the rules with reference to or in connection with any building or structure authorized to be constructed, reconstructed, enlarged, repaired, or equipped and with reference to the use thereof as the board may deem desirable for the welfare of the institution or its student body.
AR Code § 6-62-313 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 3 - Facilities — Construction or Purchase|§ 6-62-313. State agency for participation in federal grant programs

 (a) The Arkansas Higher Education Coordinating Board is designated as the state agency of the State of Arkansas for the purpose of participating in the grant program under 20 U.S.C. § 1132a et seq., as enacted and now existing or as subsequently amended, supplemented, or implemented, which is herein referred to as the “federal act”.  (b) In addition to its presently existing authority, powers, and duties, the board is authorized, empowered, and directed to prepare and submit to the commissioner, who is referred to and identified in the federal act, a state plan for participation in the grant program under 20 U.S.C. § 1132a et seq. and, upon the approval of the state plan by the commissioner, to administer the plan and otherwise to do, or cause to be done, all things and acts of every nature whatever necessary or desirable:  (1) In meeting and complying with all requirements of the federal act, regulations under and pursuant to the federal act, and of the departments and agencies of the United States administering the federal act;  (2) In administering the state plan; and  (3) In obtaining and utilizing, or causing to be utilized, all grants, funds, and benefits to which the State of Arkansas is entitled under the federal act.    (c)  (1) This section shall be liberally construed so that all institutions of higher education, as referred to and defined in the federal act, receive fully and promptly all benefits conferred and intended by the federal act and this section and that the intended public benefits and purposes be achieved and accomplished. To this end, the enumeration of any object, purpose, power, manner, method, and thing shall not be deemed to exclude like or similar objects, purposes, powers, manners, methods, or things.  (2) This section shall be liberally construed as being supplemental to any existing purposes and powers of the board so as to accomplish in the most expeditious and efficient manner the purposes and intent of the federal act in this state.
AR Code § 6-62-314 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 3 - Facilities — Construction or Purchase|§ 6-62-314. Construction project exemption

 The following state-supported institutions of higher education shall be exempt as allowed by § 19-4-1415(b)(5) for construction projects exceeding five million dollars ($5,000,000) if they have adopted policies and procedures in compliance with state law involving the awarding and oversight of the contracts for design and construction services:   (1) Henderson State University;  (2) Southern Arkansas University;  (3) University of Central Arkansas;  (4) [Repealed.]  (5) National Park College; and  (6) Northwest Arkansas Community College.
AR Code § 6-62-401 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 4 - Facilities — Use|§ 6-62-401. Use by employees to conduct work for private compensation

 (a) The boards of trustees of the state institutions of higher learning are authorized to grant permission to employees of those institutions to conduct, on and in campus facilities, certain outside work for private compensation as described below which are to be engaged in only after they have discharged fully their employment responsibilities to those institutions.  (b) However, in each instance where permission is granted, the governing board shall have the nondelegable duty to make express findings of fact that:  (1) The activity in question involves no conflict of interest with the mission and purpose of the institution itself;  (2) The activity proposed would bring to the campus a significant number of persons who are potentially future students who might tend to enroll on that campus as a result of their exposure to its facilities and its personnel while engaged in this activity; and  (3) The contemplated activity will, as a part thereof, generate funds to be paid to the state institution for housing, meals, and for the use of other institutional resources which will produce significant revenues in support of the auxiliary functions of the particular campus serving its enrolled students.    (c)  (1) Each permission granted by a board of trustees pursuant to the findings of fact stated in subsection (b) of this section shall, with those findings of fact, be reduced to writing by the board and shall include a statement of charges to be paid to the state institution by the employee as the direct and indirect costs associated with operating and maintaining the facilities which will be temporarily devoted to the particular activity conducted by that employee.  (2) The charges shall be paid promptly, by the employee or by the participants at the direction of the employee, to the state institution.    (d) In conducting an activity permitted under this section, the employee shall make known in all advertising and other publicity involving the activity that participants are contracting with that employee and not with the institution and that the institution and the State of Arkansas do not assume any contractual obligations for the conduct of the employee's activity.  (e)  (1) Each employee who is authorized under the provisions of this section to engage in outside work for private compensation on or in campus facilities shall, within a reasonable period of time after completion of the employment, submit a complete financial report relating to the employment to the chief financial officer of the institution.  (2) On an annual basis, the chief financial officer of the institution shall submit to the governing board a summary of all such financial reports received by him or her.
AR Code § 6-62-501 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 5 - Trust Conveyances|§ 6-62-501. Definitions

 As used in this subchapter, unless the context otherwise requires:   (1) “Any tax-supported institution of higher learning” includes the University of Arkansas, University of Central Arkansas, Henderson State University at Arkadelphia, Arkansas Tech University, Arkansas State University at Jonesboro, and Southern Arkansas University at Magnolia, together with their respective branches and departments wherever located in the State of Arkansas, and any other institution offering courses in education beyond the twelfth grade of the public school system and supported primarily by appropriations from state funds;  (2) “Institution” refers to each of the tax-supported institutions of higher learning; and  (3) “Property” includes lands, buildings, and other property, real or personal, tangible or intangible.
AR Code § 6-62-502 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 5 - Trust Conveyances|§ 6-62-502. Trust conveyances authorized

 Property may be conveyed to the State of Arkansas in trust for any tax-supported institution of higher learning within the state, which property shall be held by the state, subject to the terms of the conveyance, for and on behalf of the institution for whose benefit the conveyance shall have been made.
AR Code § 6-62-503 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 5 - Trust Conveyances|§ 6-62-503. Acceptance of conveyance — Administration

 (a) Acceptance of the conveyance by the State of Arkansas shall be evidenced by proclamation of the Governor.  (b) A copy of the proclamation certified by the Secretary of State shall be filed for record in the county or counties in which the real property is located.  (c) Upon acceptance of the conveyance, administration of the property shall be through the governing board of the particular institution for whose benefit the conveyance shall have been made.
AR Code § 6-62-504 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 5 - Trust Conveyances|§ 6-62-504. Title — Encumbrances

 (a) The State of Arkansas shall take and hold title to any such lands, buildings, and other real property in fee simple or subject to existing encumbrances.  (b) However, the state shall not be required to discharge any encumbrance from funds other than those received from the administration of the property.
AR Code § 6-62-505 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 5 - Trust Conveyances|§ 6-62-505. Status of property as that of private person

 Subject to any restrictions which may be provided in the instrument of conveyance, property so conveyed to the State of Arkansas in trust for any tax-supported institution of higher learning within the state may be sold, leased, rented, subjected to mortgage indebtedness, and dealt with generally by the appropriate governing board in the same manner as the property of any private person.
AR Code § 6-62-506 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 5 - Trust Conveyances|§ 6-62-506. Tax exemption

 All property so conveyed to the State of Arkansas shall be deemed property owned by the state exclusively for a public purpose and shall be exempt from taxation.
AR Code § 6-62-507 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 5 - Trust Conveyances|§ 6-62-507. Income from property

 (a) All income derived from the administration of any such property shall be deposited in a separate account appropriately designated and shall inure to the benefit of and be used solely for the institution for whose benefit the conveyance shall have been made.  (b) Income derived from any such property shall not be charged against any appropriation which, except for a conveyance to the State of Arkansas, would otherwise have been made for the institution for whose benefit the conveyance shall have been made.
AR Code § 6-62-601 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 6 - Transfer or Lease of Property|§ 6-62-601. Definitions

 As used in this subchapter, unless the context otherwise requires:   (1) “Bank funds” means any funds of a board that are neither appropriated from the State Treasury nor required to be deposited in the State Treasury;  (2) “Board” means the board of trustees of either the University of Arkansas, Arkansas State University, the University of Central Arkansas, Henderson State University, Arkansas Tech University, or Southern Arkansas University;  (3) “Lease agreement” means an agreement between an owner and a board pursuant to which the owner leases or subleases, or agrees to lease or sublease, property to the board;  (4)  (A) “Owner” means a person or group of persons to whom a board makes a transfer of property in accordance with the provisions of this subchapter.  (B) No member of the board shall have any interest, direct or indirect, in the owner;    (5) “Person” means a natural person, a firm, a general partnership, a limited partnership, an association, a corporation, or a public body;  (6) “Property” means any buildings or structures, utilities, on-site and off-site improvements, and other appurtenances and improvements, including the land upon which the building or structure is located, and undivided interests in any such property; and  (7) “Transfer” means to sell or to lease, as lessor or lessee.
AR Code § 6-62-602 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 6 - Transfer or Lease of Property|§ 6-62-602. Transfer and lease authorized

 Subject to and in accordance with the provisions of this subchapter and in addition to any other statutory or inherent authority of a board, any board is authorized to transfer and simultaneously enter into a lease agreement concerning any property.
AR Code § 6-62-605 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 6 - Transfer or Lease of Property|§ 6-62-605. Execution of contracts

 Boards are authorized to execute all contracts and legal instruments necessary and convenient to effectuate the transfers and the transactions herein authorized.
AR Code § 6-62-606 (2020)
2020 Arkansas Code|Title 6 - Education|Subtitle 5 - Postsecondary and Higher Education Generally|Chapter 62 - Property and Finances of State Institutions|Subchapter 6 - Transfer or Lease of Property|§ 6-62-606. Exemption from compliance with certain state and local laws — Review by the Building Authority Division

 (a) A board and an owner proceeding under this subchapter shall be exempt from compliance with all municipal and county land use restrictions, including without limitation zoning laws and requirements for obtaining building permits.  (b) In proceeding under this subchapter, it shall not be necessary for the board to comply with any other laws relating to the procurement, disposal, or leasing of property, including without limitation laws concerning the appointment of appraisers in connection therewith, laws restricting the obligation of funds for construction, and laws dealing with the improvement of historic structures, except that the transfer and the lease agreement shall be subject to the review and approval of the Building Authority Division.