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14-94-119. Interest on assessment.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-94-119. Interest on assessment.
The assessment of the benefits shall bear interest at a rate equal to the lesser of the maximum rate permitted by law or the rate of ten percent (10%) per annum from the time it is equalized, but the interest need not be calculated until it is necessary to do so to avoid exceeding the total amount of benefits and interest, or the interest may be first collected.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-94-119
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:14-94-119
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: a3446de68efaa5d4b65ca70e03497b2c0f65af5a9d38f71138ddb27b3f24a48d
Source location: content.xml paragraph 26783
Stored source content
14-94-119. Interest on assessment.
The assessment of the benefits shall bear interest at a rate equal to the lesser of the maximum rate permitted by law or the rate of ten percent (10%) per annum from the time it is equalized, but the interest need not be calculated until it is necessary to do so to avoid exceeding the total amount of benefits and interest, or the interest may be first collected.
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