Arkansas § 26-52-203 Fee deposit or bond required

Arkansas Statutes

§ 26-52-203 — Fee deposit or bond required

Arkansas § 26-52-203

Title26

This text of Arkansas § 26-52-203 (Fee deposit or bond required) 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. § 26-52-203 (2026).

Text

(a)The Secretary of the Department of Finance and Administration shall require prior to the issuance of any new Arkansas gross receipts tax permit the payment of a nonrefundable fee of fifty dollars ($50.00), which shall be remitted with each new application for a permit.

(b)All persons doing a retail business in this state, which business is subject to the provisions of this chapter, who do not have a permanent domicile in this state, shall make a sufficient cash deposit or sufficient bond with the secretary to cover their annual sales tax before doing business in this state or before receiving a permit to do business in this state as provided in § 26-52-201 .

(c)All revenues derived from the fees imposed by this section shall be deposited into the State Treasury as nonrevenue receipts

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(a) The Secretary of the Department of Finance and Administration shall require prior to the issuance of any new Arkansas gross receipts tax permit the payment of a nonrefundable fee of fifty dollars ($50.00), which shall be remitted with each new application for a permit. (b) All persons doing a retail business in this state, which business is subject to the provisions of this chapter, who do not have a permanent domicile in this state, shall make a sufficient cash deposit or sufficient bond with the secretary to cover their annual sales tax before doing business in this state or before receiving a permit to do business in this state as provided in § 26-52-201 . (c) All revenues derived from the fees imposed by this section shall be deposited into the State Treasury as nonrevenue receipts credited to the State Central Services Fund for use by the Revenue Division of the Department of Finance and Administration.

Legislative History

Amended by Act 2019, No. 910,§ 3827, eff. 7/1/2019. Acts 1941, No. 386, §§ 12, 13; A.S.A. 1947, §§ 84-1913, 84-1914; Acts 1987, No. 372, § 1; 1993, No. 620, § 1.