Browse Arkansas Code titles and sections
14-121-424. Insufficiency of tax — Additional levy.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-121-424. Insufficiency of tax — Additional levy.
(a) If the tax first levied shall prove insufficient to complete the improvement or to pay the bonds, both the principal and interest, issued by the board of commissioners on account of the improvement, as provided in this chapter, as the principal and interest shall become due and payable, the board shall report the amount of the deficiency to the county court. The county court shall thereupon make such further levy or levies on the property previously assessed for sums sufficient to complete the improvement and to pay the bonds and interest which shall be collected in the same manner as the first levy.
(b) The total levy or levies shall in no case exceed the value of the benefits assessed on the property.
(c) The performance of the duties may be enforced by mandamus at the instance of any person or board interested.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-121-424
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
Issuing source page ↗
Authority boundary: historical statutory source snapshot not current law.
Open the recorded source website ↗
Record provenance
Stable record: arkansas_code:legal_authorities:14-121-424
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5a6ff963e12f06a90276107a1592a50c60d03c024bd353ad34a717b19500fd2c
Source location: content.xml paragraph 31260
Stored source content
14-121-424. Insufficiency of tax — Additional levy.
(a) If the tax first levied shall prove insufficient to complete the improvement or to pay the bonds, both the principal and interest, issued by the board of commissioners on account of the improvement, as provided in this chapter, as the principal and interest shall become due and payable, the board shall report the amount of the deficiency to the county court. The county court shall thereupon make such further levy or levies on the property previously assessed for sums sufficient to complete the improvement and to pay the bonds and interest which shall be collected in the same manner as the first levy.
(b) The total levy or levies shall in no case exceed the value of the benefits assessed on the property.
(c) The performance of the duties may be enforced by mandamus at the instance of any person or board interested.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
No explicit source connection was found. This does not mean there are no relevant authorities.