Arkansas Statutes
§ 19-5-1002 — Motor Vehicle Acquisition Revolving Fund
Arkansas § 19-5-1002
JurisdictionArkansas
Title19
This text of Arkansas § 19-5-1002 (Motor Vehicle Acquisition Revolving Fund) 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. § 19-5-1002 (2026).
Text
(a)There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the "Motor Vehicle Acquisition Revolving Fund".
(b)The fund shall be used for the purpose of acquiring motor vehicles as authorized by §§ 22-8-201 - 22-8-209 .
(c)The fund shall be financed by:
(1)Its proportionate share of moneys made available from the allocation of general revenues as authorized by the Revenue Stabilization Law, § 19-5-101 et seq.;
(2)Moneys made available upon the disposal of used vehicles, which moneys shall be deposited to the credit of the Motor Vehicle Acquisition Revolving Fund rather than being deposited to the owing state agency's fund;
(3)Deposits of moneys from benefiting state agencies; and (4) Transfers f
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Legislative History
Acts 1973, No. 750, § 7; 1985, No. 888, § 9; A.S.A. 1947, § 13-523.
Nearby Sections
15
§ 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
Office§ 19-1-206
Seal§ 19-1-207
General accounting system§ 19-1-208
Rules§ 19-1-209
Publications required§ 19-1-210
Recordkeeping§ 19-1-211
Investigations§ 19-1-212
Duty to avoid deficit§ 19-1-213
Leasing of state property§ 19-1-214
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Bluebook (online)
Arkansas § 19-5-1002, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/19-5-1002.