Arkansas § 16-20-108 Investment of moneys held in trust - Disposition of funds

Arkansas Statutes

§ 16-20-108 — Investment of moneys held in trust - Disposition of funds

Arkansas § 16-20-108

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This text of Arkansas § 16-20-108 (Investment of moneys held in trust - Disposition of funds) 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. § 16-20-108 (2026).

Text

(a)Moneys received by a clerk of the circuit court or probate division of circuit court to be held by the clerk in trust shall be invested by the clerk in an interest-bearing account, unless a court with proper jurisdiction over the moneys orders otherwise.

(b)The interest earned by such account shall be paid over to the general fund of the county, in the absence of an order to the contrary from a court of competent jurisdiction.

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(a) Moneys received by a clerk of the circuit court or probate division of circuit court to be held by the clerk in trust shall be invested by the clerk in an interest-bearing account, unless a court with proper jurisdiction over the moneys orders otherwise. (b) The interest earned by such account shall be paid over to the general fund of the county, in the absence of an order to the contrary from a court of competent jurisdiction.