- (a) The Arkansas Development Finance Authority reserves the right to disapprove any development for a reservation of volume cap, regardless of the evaluation.
(b) The authority reserves the right, in its sole and absolute discretion, to suspend or debar any applicant from the volume cap program that the authority determines has acted improperly, illegally, or inappropriately:
- (1) In the applicant’s dealings with the authority; or
- (2) In any way relative to the program.
- (c) No contact with the authority’s board members is allowed, and any such contact will be grounds for immediate rejection of the application.