Statutes, codes, and regulations
Arkansas Code of 1987
Title 15 - NATURAL RESOURCES AND ECONOMIC DEVELOPMENTSubtitle 1 - DEVELOPMENT OF ECONOMIC AND NATURAL RESOURCES GENERALLYChapter 4 - DEVELOPMENT OF BUSINESS AND INDUSTRY GENERALLY
Subchapter 3 - MINORITY AND WOMEN - OWNED BUSINESS ECONOMIC DEVELOPMENT ACT
Section 15-4-313 - Accelerated payments

Ark. Code § 15-4-313

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Current with legislation from 2024 Fiscal and Special Sessions.
Section 15-4-313 - Accelerated payments

To ensure that minority business enterprises and women-owned business enterprises are not financially hindered due to delays in payment by state agencies entering into state contracts with minority business enterprises and women-owned business enterprises under this subchapter, state agencies shall accelerate payment to minority vendors and women-owned vendors to preclude accounts receivable problems of minority business enterprises and women-owned business enterprises caused by the State of Arkansas.

Ark. Code § 15-4-313

Amended by Act 2017, No. 1080,§ 1, eff. 8/1/2017.
Acts 1991, No. 698, § 3; 1995, No. 1296, § 48; 1997, No. 540, § 25; 2003, No. 487, § 12; 2007, No. 692, § 2; 2009, No. 481, § 1; 2009, No. 1222, § 9.