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19-4-708. Depletion of agency funds.
Arkansas Code — all titles (historical 2020) · legal_authorities
19-4-708. Depletion of agency funds.
In the event any state agency shall incur obligations in such manner that the funds allocated or belonging to the agency are depleted and the agency is unable to pay all of its outstanding commitments without incurring a deficit, then the Chief Fiscal Officer of the State may suspend all exemptions under the Arkansas Procurement Law, § 19-11-201 et seq., with respect to the agency. Under these circumstances, the Chief Fiscal Officer of the State may notify the agency that all future obligations of any kind whatsoever must be approved by the Chief Fiscal Officer of the State before they become valid obligations against the funds of the agency.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-4-708
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:19-4-708
Source file: gov.ar.code.title.19.odt
Pages: Not recorded – Not recorded
Passage SHA-256: ee01c99a8ed6e5a2149a4e1823df1a8490f15793f0a6bcf06e59fda7828127f2
Source location: content.xml paragraph 2740
Stored source content
19-4-708. Depletion of agency funds.
In the event any state agency shall incur obligations in such manner that the funds allocated or belonging to the agency are depleted and the agency is unable to pay all of its outstanding commitments without incurring a deficit, then the Chief Fiscal Officer of the State may suspend all exemptions under the Arkansas Procurement Law, § 19-11-201 et seq., with respect to the agency. Under these circumstances, the Chief Fiscal Officer of the State may notify the agency that all future obligations of any kind whatsoever must be approved by the Chief Fiscal Officer of the State before they become valid obligations against the funds of the agency.
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Arkansas Code — all titles (historical 2020) · legal_authorities
19-11-201. Title.
This subchapter shall be referred to as the “Arkansas Procurement Law”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-11-201
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. The source passage cites 19-11-201. This identifies an authority to review, not proof of applicability.