19-2-203. Receipts by Department of Finance and Administration — Additional penalty.

Arkansas Code — all titles (historical 2020) · legal_authorities

19-2-203. Receipts by Department of Finance and Administration — Additional penalty.

19-2-203. Receipts by Department of Finance and Administration — Additional penalty. (a) If any person, firm, corporation, partnership, or business makes payment to the Department of Finance and Administration for any license or fees imposed by the laws of this state by means of a check, draft, or order drawn on any bank, person, firm, or corporation, and the check, draft, or order is returned by the bank, person, firm, or corporation without having been paid in full, then the Secretary of the Department of Finance and Administration is authorized and empowered to impose a penalty. The penalty shall be in the amount of either ten percent (10%) of the face amount of the check, draft, or order or twenty dollars ($20.00), whichever is greater, against the maker or drawer of the check, draft, or order. (b) This penalty is cumulative to any other penalties provided by law.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-2-203

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.