Arkansas § 19-4-704 No obligations without appropriations

Arkansas Statutes

§ 19-4-704 — No obligations without appropriations

Arkansas § 19-4-704

Title19

This text of Arkansas § 19-4-704 (No obligations without appropriations) 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. § 19-4-704 (2026).

Text

(a)No obligations will be paid from appropriated funds until the General Assembly shall have made an appropriation for that purpose; nor shall any state agency enter into any contract which would contemplate that payments under the contracts would be made beyond the expiration of the biennial period unless the General Assembly, prior to the expiration of the biennial period, makes an appropriation for that purpose, or in the case of multiyear contracts for commodities or services, a determination in writing has been made prior to use that:

(1)Estimated requirements cover the period of the contract and are reasonably firm and continuing; and (2) Such a contract would serve the best interests of the state by encouraging effective competition or otherwise promoting economies in state procur

Free access — add to your briefcase to read the full text and ask questions with AI

(a) No obligations will be paid from appropriated funds until the General Assembly shall have made an appropriation for that purpose; nor shall any state agency enter into any contract which would contemplate that payments under the contracts would be made beyond the expiration of the biennial period unless the General Assembly, prior to the expiration of the biennial period, makes an appropriation for that purpose, or in the case of multiyear contracts for commodities or services, a determination in writing has been made prior to use that: (1) Estimated requirements cover the period of the contract and are reasonably firm and continuing; and (2) Such a contract would serve the best interests of the state by encouraging effective competition or otherwise promoting economies in state procurement. (b) In no event shall any obligations be incurred unless there are sufficient funds or an approved federal grant on hand, or estimated to become available, to meet the obligations when they become due.