Arkansas Statutes
§ 14-320-109 — Paying the assessment
Arkansas § 14-320-109
JurisdictionArkansas
Title14
This text of Arkansas § 14-320-109 (Paying the assessment) 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. § 14-320-109 (2026).
Text
(a)When the assessment of benefits has been made and filed, as provided herein, the property owner shall have the right to pay such assessment of benefits in full within sixty (60) days thereafter, but, if he does not avail himself of this privilege, the assessment of benefits shall bear interest at the rate of six percent (6%) per annum.
(b)The interest need not be computed until necessary to be sure the collections have not exceeded the total amount of the benefits so levied.
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Legislative History
Acts 1951, No. 381, § 8; A.S.A. 1947, § 76-2008.
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Bluebook (online)
Arkansas § 14-320-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/14-320-109.