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16-20-108. Investment of moneys held in trust — Disposition of funds.
Arkansas Code — all titles (historical 2020) · legal_authorities
16-20-108. Investment of moneys held in trust — Disposition of funds.
(a) Moneys received by a clerk of the circuit, chancery, or probate court to be held by the clerk in trust shall hereafter be invested by the clerk in an interest-bearing account, unless a court with proper jurisdiction over the fund orders otherwise.
(b) The interest earned by such account shall be paid over to the general fund of the county, in the absence of an order to the contrary from a court of competent jurisdiction.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 16-20-108
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:16-20-108
Source file: gov.ar.code.title.16.odt
Pages: Not recorded – Not recorded
Passage SHA-256: f02a5dc8455856cac783a4f29e68ebd5f6441f797227e989396037046fa7d6e6
Source location: content.xml paragraph 11825
Stored source content
16-20-108. Investment of moneys held in trust — Disposition of funds.
(a) Moneys received by a clerk of the circuit, chancery, or probate court to be held by the clerk in trust shall hereafter be invested by the clerk in an interest-bearing account, unless a court with proper jurisdiction over the fund orders otherwise.
(b) The interest earned by such account shall be paid over to the general fund of the county, in the absence of an order to the contrary from a court of competent jurisdiction.
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