Arkansas Statutes
§ 26-51-426 — Deductions - Reserve for bad debts or liabilities
Arkansas·Title 26
Any bank, building and loan, savings and loan, or any other savings institution chartered and supervised as a savings and loan or similar associations under federal or state law shall be allowed a bad debt expense deduction computed in accordance with 26 U.S.C. §§ 582 , 585 , and 593 , as in effect on January 1, 1999.
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Legislative History
Acts 1929, No. 118, Art. 3, § 13; Pope's Dig., § 14036; Acts 1957, No. 147, § 1; A.S.A. 1947, § 84-2016; Acts 1993, No. 785, § 9; 1997, No. 951, § 15; 1999, No. 1126, § 32.
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