Arkansas Statutes

§ 19-11-224 — Interest and carrying charges

Arkansas § 19-11-224

This text of Arkansas § 19-11-224 (Interest and carrying charges) 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. § 19-11-224 (2026).

Text

State agencies, including exempt agencies, may enter into contracts which contemplate the payment of interest and late charges, but only when such late charges are incurred sixty (60) days after payment is due or carrying charges under such rules as may be promulgated by the State Procurement Director.

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Legislative History

Amended by Act 2019, No. 315,§ 1765, eff. 7/24/2019. Acts 1979, No. 482, § 22; A.S.A. 1947, § 14-250; Acts 1997, No. 1066, § 2; 2001, No. 1237, § 17.

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Bluebook (online)
Arkansas § 19-11-224, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/19-11-224.