Arkansas Statutes
§ 14-199-305 — Use of down payment
Arkansas § 14-199-305
JurisdictionArkansas
Title14
This text of Arkansas § 14-199-305 (Use of down payment) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ark. Code Ann. § 14-199-305 (2026).
Text
The proceeds of any initial cash payment from the sale of any system of waterworks or gas or electric plants of any town or city shall be applied first to the payment of all unsecured debts owing by the town or city on account of the plant or system. Any remainder shall be turned over to the treasurer of the town or city.
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Legislative History
Acts 1923, No. 322, § 5; 1927, No. 349, § 1; Pope's Dig., §§ 7394, 10046; A.S.A. 1947, § 19-3910.
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Bluebook (online)
Arkansas § 14-199-305, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/14-199-305.