Arkansas Statutes

§ 19-6-826 — Bail Bond Recovery Fund

Arkansas·Title 19
(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 special revenue fund to be known as the "Bail Bond Recovery Fund".
(b)(1) All moneys collected under § 17-19-301(g) shall be deposited into the State Treasury to the credit of the fund as special revenues.
(2)The fund also shall consist of any other revenues authorized by law.
(c)The fund shall be used exclusively for the recovery of forfeited professional bonds.
(d)The Professional Bail Bond Company and Professional Bail Bondsman Licensing Board shall promulgate rules concerning the disbursements of the fund.
(e)(1) The board shall promulgate rules to suspend, revoke, or take disciplinary action for noncompliance in failure to remit or pay fees under this sec

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Legislative History

Added by Act 2013, No. 1283,§ 5, eff. 8/16/2013.

Nearby Sections

15
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