Arkansas Statutes
§ 2-35-308 — Disposition of funds
Arkansas § 2-35-308
JurisdictionArkansas
Title2
This text of Arkansas § 2-35-308 (Disposition of funds) 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. § 2-35-308 (2026).
Text
(a)The Director of the Department of Finance and Administration shall deposit all assessments and penalties collected under this subchapter in the State Treasury.
(b)(1) After deducting three percent (3%) for credit to the Constitutional and Officers Fund and the State Central Services Fund, the Treasurer of State shall credit the remainder to the Arkansas Beef Council Fund, which is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State.
(2)All funds so credited to the Arkansas Beef Council Fund shall be used in such manner as the council deems appropriate for:
(A)Arkansas beef promotion and research;
(B)The operation and maintenance of the council office; and (C) Payment of expenses of the board members in accordance with § 25
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Legislative History
Acts 1983, No. 160, § 7; A.S.A. 1947, § 78-1907; Acts 1997, No. 250, § 7.
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Bluebook (online)
Arkansas § 2-35-308, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/2-35-308.