Definitions. — Arkansas Code § 15-3-703
Arkansas Code § 15-3-703 — Definitions.. Reproduced from the official Arkansas Code of 1987 Annotated, with a citation summary, verification link, and related provisions.
§ 15-3-703. Definitions.
As used in this subchapter: “Eligible business” means a for-profit business that: Is registered as a business entity in good standing with the Secretary of State; and Has its principal place of business in Arkansas; “Matching grant” means a discretionary grant of up to fifty percent (50%) of the amount of a federal Small Business Innovation Research grant for each approved matching grant application; “Principal investigator/project manager” means the primary individual designated by an eligible business to provide the scientific and technical direction to a project supported by a matching grant; and “Small Business Innovation Research Program” means the federal program administered by the United States Small Business Administration according to regulations adopted pursuant to 15 U.S.C. § 638, as it existed on October 1, 2016, which provides funds for Phase I and Phase II Small Business Innovation Research grants through participating federal agencies. History Acts 2017, No. 166, § 2.
Source: official Arkansas text · Last verified 2026-08-27
At a glance
- Citation: Arkansas Code of 1987 Annotated § 15-3-703
- Jurisdiction: Arkansas
- Code: Arkansas Code of 1987 Annotated
- Subject: Definitions.
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Arkansas Code of 1987 Annotated. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Arkansas attorney.
Common questions
What is the source of Arkansas Code of 1987 Annotated § 15-3-703?
The text above is transcribed from the Arkansas Code of 1987 Annotated, the codified statutes of Arkansas. The official publisher link appears under "Verify the text" on this page.
What subject does Arkansas Code of 1987 Annotated § 15-3-703 address?
It addresses "Definitions.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Arkansas Code of 1987 Annotated § 15-3-703 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Arkansas source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Arkansas law to your facts requires a licensed Arkansas attorney who can review the specifics.