Arkansas Statutes

§ 25-34-108 — Disbursement of revenues

Arkansas·Title 25

Funds generated from the sale of agency surplus computer and electronic equipment to state employees, public schools, or by other sale shall be allocated as follows:

(1)If the sale of surplus computer or electronic equipment is made within the agency:
(A)Sixty percent (60%) of the proceeds shall be returned to the owning agency;
(B)Fifteen percent (15%) of the proceeds shall be deposited with the Marketing and Redistribution Section; and (C) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter; and (2) If the sale of surplus computer or electronic equipment is outside the agency and conducted by the Marketing and Redistribution Section:
(A)Fifty percent (50%) of the proceeds shall be returned to the ownin

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Legislative History

Acts 2001, No. 1410, § 8.

Nearby Sections

15
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