§ 17-38-205 — Disposition of funds - Loans

Arkansas § 17-38-205

• Jurisdiction: Arkansas
• Title: 17

Text

(a) All fees or payments of any type collected by the State Board of Health under this chapter shall be deposited into the State Treasury on or before the fifth day of the month next following the month of collection thereof, and the Treasurer of State shall credit the fees or deposits to the credit of the "Plumbers Licensing Fund", which is hereby created. (b) All funds deposited into the Plumbers Licensing Fund shall be used for the maintenance, operation, and improvement of the plumbers licensing and inspection services of the board. (c) The Chief Fiscal Officer of the State is authorized, from time to time, to make transfers of moneys in the Budget Stabilization Trust Fund as loans to the Plumbers Licensing Fund to be used for maintenance and operation of the plumbers licensing and plumbing inspection program of the Department of Health. Any moneys loaned from the Budget Stabilization Trust Fund to the Plumbers Licensing Fund shall be repaid from fees derived from the plumbers licensing and plumbing inspection program on or before the last day of the fiscal year in which the loan of the funds is made. (d) All moneys received from the sale or trade of motor vehicles purchased with funds from the Plumbers Licensing Fund shall be credited to the Plumbers Licensing Fund.

Legislative History

Acts 1951, No. 200, § 13; 1957, No. 372, § 1; A.S.A. 1947, § 71-1217; Acts 1987, No. 816, § 12; 1991, No. 330, § 2.