Arkansas § 17-40-209 Fees - Disposition of funds - Legislative intent

Arkansas Statutes

§ 17-40-209 — Fees - Disposition of funds - Legislative intent

(a)It is the intent of the General Assembly that the cost of investigating and credentialing private investigators or licensing private security agencies as authorized by this chapter be borne by the individuals and agencies so credentialed or licensed.

(b)To assure that the intent is carried out, the expenditure for personal services and operating expenses associated with investigating and licensing, credentialing, or commissioning of individuals and agencies required to be licensed, credentialed, or commissioned under this chapter shall be limited in the aggregate to the amount deposited into the State Treasury to the credit of the Division of Arkansas State Police Fund from license, credential, and commission fees of the individuals and agencies.

(c)In order to provide sufficient rev

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(a) It is the intent of the General Assembly that the cost of investigating and credentialing private investigators or licensing private security agencies as authorized by this chapter be borne by the individuals and agencies so credentialed or licensed. (b) To assure that the intent is carried out, the expenditure for personal services and operating expenses associated with investigating and licensing, credentialing, or commissioning of individuals and agencies required to be licensed, credentialed, or commissioned under this chapter shall be limited in the aggregate to the amount deposited into the State Treasury to the credit of the Division of Arkansas State Police Fund from license, credential, and commission fees of the individuals and agencies. (c) In order to provide sufficient revenues to carry out the duties and functions prescribed by this chapter, the Director of the Division of Arkansas State Police shall levy fees for licenses, credentials, and commissions as authorized by this chapter as determined by the director. (d) A late fee or a fine may be levied by the director. (e) (1) All funds received by the director shall be deposited into the State Treasury as special revenues to the credit of the Division of Arkansas State Police Fund. (2) Money remaining at the end of the fiscal year shall carry over to the next fiscal year and shall not revert to any other fund.

Arkansas § 17-40-209 (Fees - Disposition of funds - Legislative intent) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Act 2019, No. 910,§ 5968, eff. 7/1/2019. Amended by Act 2019, No. 910,§ 5967, eff. 7/1/2019. Amended by Act 2015, No. 393,§ 55, eff. 9/1/2015. Acts 1977, No. 429, § 17; 1979, No. 907, § 11; 1981, No. 792, § 9; 1983, No. 537, § 8; A.S.A. 1947, §§ 71-2138, 71-2162; Acts 1989, No. 926, § 3; 1995, No. 430, § 1; 1999, No. 1493, § 4; 2005, No. 2237, § 8.