Qualifications. — Arkansas Code § 15-4-1904
Arkansas Code § 15-4-1904 — Qualifications.. Reproduced from the official Arkansas Code of 1987 Annotated, with a citation summary, verification link, and related provisions.
§ 15-4-1904. Qualifications.
To qualify for the benefits of this subchapter, the business must: Be an eligible business as defined in § 15-4-1902; Hire at least one hundred (100) net new full-time permanent employees within twenty-four (24) months of the date the financial incentive plan was signed by the Arkansas Economic Development Commission and the business; Expend at least five million dollars ($5,000,000) on the project covered by the financial incentive plan; Agree to certify to the Department of Finance and Administration the number of net new full-time permanent employees and the average hourly wage of the net new full-time permanent employees once the number of net new full-time permanent employees reaches one hundred (100); and Agree to certify to the department within thirty (30) days after the number of net new full-time permanent employees falls below one hundred (100) or the average hourly wage falls below the amount specified in the financial incentive plan.
Source: official Arkansas text · Last verified 2026-08-27
At a glance
- Citation: Arkansas Code of 1987 Annotated § 15-4-1904
- Jurisdiction: Arkansas
- Code: Arkansas Code of 1987 Annotated
- Subject: Qualifications.
- 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 § 15-4-1904?
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 § 15-4-1904 address?
It addresses "Qualifications.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Arkansas Code of 1987 Annotated § 15-4-1904 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Statutes are amended, repealed, and renumbered every session.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.