Arkansas Statutes
§ 19-3-513 — Interest income on deposits
Arkansas·Title 19
(a)Interest from time to time due by a bank depository on Cash Account demand deposit accounts and Certificate of Deposit Account certificates of deposit shall be paid to the Treasurer of State as directed by the Treasurer of State.
(b)The interest income shall be classified as trust fund income, and the net amount of the interest income shall be credited to the Securities Reserve Fund.
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Legislative History
Amended by Act 2013, No. 1088,§ 2, eff. 8/16/2013. Acts 1997, No. 847, § 1.
Nearby Sections
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§ 19-1-201
Chief Fiscal Officer of the State§ 19-1-202
Secretary§ 19-1-203
Deputy director§ 19-1-204
Personnel§ 19-1-205
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Seal§ 19-1-207
General accounting system§ 19-1-208
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Publications required§ 19-1-210
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Federal gifts and surplusage