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14-320-109. Paying the assessment.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-320-109. Paying the assessment.
(a) When the assessment of benefits has been made and filed, as provided herein, the property owner shall have the right to pay such assessment of benefits in full within sixty (60) days thereafter, but, if he does not avail himself of this privilege, the assessment of benefits shall bear interest at the rate of six percent (6%) per annum.
(b) The interest need not be computed until necessary to be sure the collections have not exceeded the total amount of the benefits so levied.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-320-109
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.
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Record provenance
Stable record: arkansas_code:legal_authorities:14-320-109
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: c9e9bf7fdaa871b0218d5308151de7ca457cdbbfb0d4ffd12a4f9231f4186b68
Source location: content.xml paragraph 57263
Stored source content
14-320-109. Paying the assessment.
(a) When the assessment of benefits has been made and filed, as provided herein, the property owner shall have the right to pay such assessment of benefits in full within sixty (60) days thereafter, but, if he does not avail himself of this privilege, the assessment of benefits shall bear interest at the rate of six percent (6%) per annum.
(b) The interest need not be computed until necessary to be sure the collections have not exceeded the total amount of the benefits so levied.
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