The board of trustees of each institution shall certify annually by June 15 of each year to the Arkansas Higher Education Coordinating Board: (1) That the intercollegiate athletic program will generate sufficient revenue through athletic-generated revenue, other auxiliary profits, other coordinating board-approved revenue sources, and the allowable state support as set out in § 6-62-803 ; or (2) That any athletic deficit will be met by separate institutional board-sanctioned student athletic fees within the limitations established in this subchapter. Acts 1991, No. 366, § 5. The board of trustees of each institution shall certify annually by June 15 of each year to the Arkansas Higher Education Coordinating Board: (1) That the intercollegiate athletic program will generate sufficient revenue through athletic-generated revenue, other auxiliary profits, other coordinating board-approved revenue sources, and the allowable state support as set out in § 6-62-803 ; or (2) That any athletic deficit will be met by separate institutional board-sanctioned student athletic fees within the limitations established in this subchapter. Acts 1991, No. 366, § 5. The board of trustees of each institution shall certify annually by June 15 of each year to the Arkansas Higher Education Coordinating Board: (1) That the intercollegiate athletic program will generate sufficient revenue through athletic-generated revenue, other auxiliary profits, other coordinating board-approved revenue sources, and the allowable state support as set out in § 6-62-803 ; or (2) That any athletic deficit will be met by separate institutional board-sanctioned student athletic fees within the limitations established in this subchapter. Acts 1991, No. 366, § 5. The board of trustees of each institution shall certify annually by June 15 of each year to the Arkansas Higher Education Coordinating Board: (1) That the intercollegiate athletic program will generate sufficient revenue through athletic-generated revenue, other auxiliary profits, other coordinating board-approved revenue sources, and the allowable state support as set out in § 6-62-803 ; or (2) That any athletic deficit will be met by separate institutional board-sanctioned student athletic fees within the limitations established in this subchapter. Acts 1991, No. 366, § 5.
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