Cure period — Notice of noncompliance

  1. Law
  2. Arkansas Code
  3. Natural Resources and Economic Development
  4. Development Of Economic And Natural Resources Generally
  5. Development Of Business And Industry Generally
  6. New Markets Jobs Act of 2013
  7. Cure period — Notice of noncompliance

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  1. (a) Enforcement of each of the recapture provisions under § 15-4-3607 is subject to a six-month cure period.

  2. (b) Recapture shall not occur until the Arkansas Economic Development Commission has given the qualified community development entity written notice of its noncompliance and has afforded the qualified community development entity six (6) months from the date of the notice to cure the noncompliance.


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