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19-3-505. Disposition of moneys received by Treasurer of State.
Arkansas Code — all titles (historical 2020) · legal_authorities
19-3-505. Disposition of moneys received by Treasurer of State.
(a)(1) The Treasurer of State shall issue receipts to depositors of moneys into the State Treasury.
(2) On the day of receipt or as soon as practical, the moneys shall be credited to the appropriate fund as provided by law.
(b)(1) After credit to the appropriate funds, the moneys shall be:
(A) Commingled with all other moneys in the State Treasury; and
(B) Deposited into bank depositories to the credit of the account of the Treasurer of State or invested as prescribed in this subchapter.
(2) This subsection does not prohibit the Treasurer of State from keeping cash of the State Treasury in the Treasurer of State's office in reasonable amounts necessary for the transaction of the day-to-day business of the office with persons and firms other than bank depositories.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-3-505
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:19-3-505
Source file: gov.ar.code.title.19.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 6b499fc19adb8e8d4a07fe363a9b4a8eb69f53966cab990be129fea2ce1506f6
Source location: content.xml paragraph 1142
Stored source content
19-3-505. Disposition of moneys received by Treasurer of State.
(a)(1) The Treasurer of State shall issue receipts to depositors of moneys into the State Treasury.
(2) On the day of receipt or as soon as practical, the moneys shall be credited to the appropriate fund as provided by law.
(b)(1) After credit to the appropriate funds, the moneys shall be:
(A) Commingled with all other moneys in the State Treasury; and
(B) Deposited into bank depositories to the credit of the account of the Treasurer of State or invested as prescribed in this subchapter.
(2) This subsection does not prohibit the Treasurer of State from keeping cash of the State Treasury in the Treasurer of State's office in reasonable amounts necessary for the transaction of the day-to-day business of the office with persons and firms other than bank depositories.
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