Arkansas § 21-2-113 Discrepancies in accounts - Effect on surety

Arkansas Statutes

§ 21-2-113 — Discrepancies in accounts - Effect on surety

Arkansas § 21-2-113

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This text of Arkansas § 21-2-113 (Discrepancies in accounts - Effect on surety) 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. § 21-2-113 (2026).

Text

(a)If any discrepancies are found in the accounts of an officer, the Auditor of State and the county clerk shall immediately notify the bonding company, and the penalties as prescribed in §§ 26-39-215 , 26-39-501 , and 26-39-502 shall not apply until sixty (60) days have expired from the official notification.

(b)(1) (A) If the accounts are found to be correct, then, after final settlement has been made, the county clerk shall issue a quietus to the officer and shall forward a copy to the Auditor of State.

(B)Issuance of a quietus shall automatically release bondsmen or sureties of the official from any and all liability on the bond in force for the term or part thereof covered by the final settlement.

(2)However, if any discrepancy is found in the account of the county clerk or circui

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(a) If any discrepancies are found in the accounts of an officer, the Auditor of State and the county clerk shall immediately notify the bonding company, and the penalties as prescribed in §§ 26-39-215 , 26-39-501 , and 26-39-502 shall not apply until sixty (60) days have expired from the official notification. (b) (1) (A) If the accounts are found to be correct, then, after final settlement has been made, the county clerk shall issue a quietus to the officer and shall forward a copy to the Auditor of State. (B) Issuance of a quietus shall automatically release bondsmen or sureties of the official from any and all liability on the bond in force for the term or part thereof covered by the final settlement. (2) However, if any discrepancy is found in the account of the county clerk or circuit clerk, the county judge shall immediately notify the bonding company.