Arkansas Statutes

§ 19-4-1207 — Duty to monitor finances

Arkansas § 19-4-1207

This text of Arkansas § 19-4-1207 (Duty to monitor finances) 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. § 19-4-1207 (2026).

Text

It shall be the duty and responsibility of the head of the agency for which appropriations are authorized and of the agency's disbursing officer to:

(1)Be cognizant at all times of the resources available, including applicable fund balances, revenues, and other income, for financing the appropriations authorized by the General Assembly;
(2)See that no obligations shall be incurred which cannot be lawfully discharged from funds appropriated or available from other sources when they become due and payable; and (3) Not operate the agency during any fiscal year from the then-current fiscal year's available resources at a level of operations that would require for the succeeding fiscal year funds in addition to those already authorized by the General Assembly.

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Related

Opinion No.
(Arkansas Attorney General Reports, 2001)

Legislative History

Acts 1973, No. 876, § 14; A.S.A. 1947, § 13-340; Acts 2001, No. 1453, § 37.

Nearby Sections

15
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Bluebook (online)
Arkansas § 19-4-1207, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/19-4-1207.