- (a) Repayment to the CWRLF by the borrower shall be according to the terms of the loan agreement.
(b)
- (1) Upon an event of default under the loan, ordinance, or resolution of the borrower authorizing the loan, all available remedies allowed by law will be pursued.
- (2) This would include the provisions of Arkansas Code § 8-16-319 that allows for the borrower's revenue turnback to be used in making repayments.