Arkansas § 26-51-426 Deductions - Reserve for bad debts or liabilities

Arkansas Statutes

§ 26-51-426 — Deductions - Reserve for bad debts or liabilities

Arkansas § 26-51-426

Title26

This text of Arkansas § 26-51-426 (Deductions - Reserve for bad debts or liabilities) 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. § 26-51-426 (2026).

Text

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.