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2005 vol. I bk. 3 2119 (2005)

handle is hein.ssl/ssar0018 and id is 1 raw text is: ACTS OF ARKANSAS

ACT 683
AN ACT TO AMEND ARKANSAS CODE § 15-5-
212 TO PROVIDE THAT PROGRAM FACT
SHEETS FOR NEW BOND ISSUES BE SENT
TO THE DIVISION OF LEGISLATIVE AU-
DIT; AND FOR OTHER PURPOSES.
Subtitle
TO PROVIDE THAT FACT SHEETS ON BOND
ISSUES BE SENT TO THE DIVISION OF
LEGISLATIVE AUDIT.
BE IT ENACTED BY THE GENERAL ASSEMBLY
OF THE STATE OF ARKANSAS:
SECTION 1. Arkansas Code § 15-5-212(b), con-
cerning reports from the Arkansas Development Fi-
nance Authority, is amended to read as follows:
(b)(1) As soon as practicable after closing any new
bond issue, the authority shall submit a program fact
sheet for the issue to the Legislative Council for its
review. The program fact sheet shall include, but not
be limited to, the fees, interest rates, average coupon
life of the securities, and gross spread for the issue.
(2) A copy of all program fact sheets shall be
submitted to the Division of Legislative Audit at the
same time that the fact sheets are submitted to the
Legislative Council.
APPROVED: 3/9/2005
ACT 684
AN   ACT CONCERNING ARKANSAS DEPART-
MENT OF CORRECTION CONTRACTS FOR
MEDICAL     SERVICES; AND       FOR   OTHER
PURPOSES.
Additions are indicated by underline; deletions by stikaout

Act 684

2119

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