Arkansas Statutes
§ 19-9-103 — Paying agents to remit funds after three years
Arkansas § 19-9-103
JurisdictionArkansas
Title19
This text of Arkansas § 19-9-103 (Paying agents to remit funds after three years) 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. § 19-9-103 (2026).
Text
(a)Paying agents, with whom the state or any political subdivision of the state has deposited or shall deposit funds for the payment of obligations of the state or of any political subdivision of the state, are required to remit to the Treasurer of State all such funds which have been in their hands for a period of three (3) years.
(b)The Treasurer of State shall invest these funds from paying agents in government or state bonds which he or she shall hold in trust for the holders of the obligations for the payment of which the funds were deposited with the paying agents.
(c)On the presentation to the Treasurer of State of any valid obligation that was payable out of any fund remitted to him or her by a paying agent, the Treasurer of State shall sell the bonds purchased with such fund an
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Legislative History
Acts 1941, No. 113, §§ 1-3; A.S.A. 1947, §§ 13-1004 -- 13-1006.
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
Federal gifts and surplusageCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 19-9-103, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/19-9-103.