Arkansas § 19-5-1140 Water Performance Bond Fund

Arkansas Statutes

§ 19-5-1140 — Water Performance Bond Fund

Arkansas § 19-5-1140

Title19

This text of Arkansas § 19-5-1140 (Water Performance Bond 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. § 19-5-1140 (2026).

Text

(a)There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the "Water Performance Bond Fund".

(b)The fund shall consist of the following:

(1)Funds appropriated by the General Assembly;

(2)All forfeitures collected under § 8-4-201 et seq.;

(3)Grants made by a person or the United States Government;

(4)Gifts and donations; and (5) Interest earned on the moneys deposited into the fund.

(c)The fund shall be used by the Division of Environmental Quality to hire a third-party contractor to:

(1)Take remedial action, including without limitation corrective action, the closure of a nonmunicipal domestic sewage treatment works, and any other action the Director of the Division of Environmental Qualit

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(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the "Water Performance Bond Fund". (b) The fund shall consist of the following: (1) Funds appropriated by the General Assembly; (2) All forfeitures collected under § 8-4-201 et seq.; (3) Grants made by a person or the United States Government; (4) Gifts and donations; and (5) Interest earned on the moneys deposited into the fund. (c) The fund shall be used by the Division of Environmental Quality to hire a third-party contractor to: (1) Take remedial action, including without limitation corrective action, the closure of a nonmunicipal domestic sewage treatment works, and any other action the Director of the Division of Environmental Quality determines to be necessary; or (2) Maintain and operate a nonmunicipal domestic sewage treatment works.