(a) The Arkansas Development Finance Authority shall have the power to extend a capital guaranty of obligations issued by the designated investor group.
(b) The capital guaranty shall be secured by:(1) The authority guaranty, subject to the limits establish by the authority; and(2) Tax credits.
(1) The authority guaranty, subject to the limits establish by the authority; and
(2) Tax credits.
(c) The authority may charge a reasonable fee for costs and the fair compensation of risk associated with its guaranty.