Arkansas Statutes

§ 14-93-120 — Interest on assessment

Arkansas § 14-93-120

This text of Arkansas § 14-93-120 (Interest on 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. § 14-93-120 (2026).

Text

The assessment of the benefits shall bear interest at the rate of ten percent (10%) per annum from the time it is equalized. However, the interest need not be calculated until it is necessary to do so to avoid exceeding the total amount of benefits and interest, or the interest may be first collected.

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Legislative History

Acts 1983, No. 613, § 11; A.S.A. 1947, § 20-2411.

Nearby Sections

15
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Bluebook (online)
Arkansas § 14-93-120, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/14-93-120.