Arkansas § 27-14-605 Credit if vehicle destroyed

Arkansas Statutes

§ 27-14-605 — Credit if vehicle destroyed

Arkansas § 27-14-605

Title27

This text of Arkansas § 27-14-605 (Credit if vehicle destroyed) 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. § 27-14-605 (2026).

Text

Upon satisfactory proof to the Secretary of the Department of Finance and Administration that any motor vehicle, duly licensed, has been completely destroyed by fire or collision, the owner of the motor vehicle may be allowed, on the purchase of a new license for another motor vehicle, a credit equivalent to the unexpired portion of the cost of the original license, dating from the first day of the next month after the date of the destruction.

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Upon satisfactory proof to the Secretary of the Department of Finance and Administration that any motor vehicle, duly licensed, has been completely destroyed by fire or collision, the owner of the motor vehicle may be allowed, on the purchase of a new license for another motor vehicle, a credit equivalent to the unexpired portion of the cost of the original license, dating from the first day of the next month after the date of the destruction.