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19-8-101. Definitions.

Arkansas Code — all titles (historical 2020) · legal_authorities

19-8-101. Definitions.

19-8-101. Definitions. (a) “Bank” or “banking institution” means any state bank, national bank, savings bank, savings association, thrift, or other financial institution authorized to do business and having a main office or branch office in this state, which is insured by the Federal Deposit Insurance Corporation. (b) “Public funds” or “funds” means any and all kinds of funds handled by treasurers, collectors, commissioners, sheriffs, clerks, and receivers appointed under § 14-62-104.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-8-101

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:19-8-101
Source file: gov.ar.code.title.19.odt
Pages: Not recorded – Not recorded
Passage SHA-256: a2d6b0278df87f124b6a363ff0ee8113a85f736c59376239becebef9163ac7fd

Source location: content.xml paragraph 13336

Stored source content

19-8-101. Definitions. (a) “Bank” or “banking institution” means any state bank, national bank, savings bank, savings association, thrift, or other financial institution authorized to do business and having a main office or branch office in this state, which is insured by the Federal Deposit Insurance Corporation. (b) “Public funds” or “funds” means any and all kinds of funds handled by treasurers, collectors, commissioners, sheriffs, clerks, and receivers appointed under § 14-62-104.

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Arkansas Code — all titles (historical 2020) · legal_authorities

14-62-104. Receiver — Appointment — Oath — Duties — Authority.

14-62-104. Receiver — Appointment — Oath — Duties — Authority. (a) Within five (5) business days of receipt of the order revoking the charter of a municipal corporation under § 14-62-102, the Governor shall appoint a qualified officer, to be known as the receiver, for an extinct municipal corporation whose charter has been revoked under this chapter. (b) A receiver shall: (1) Take the oath required of other collectors of public revenue and give bond with good sureties to be approved by the circuit court of the Sixth Judicial District; (2) Enter upon the duties of the office as soon as appointed and qualified; (3) Take possession of: (A) All books, papers, and documents pertaining to the assessment and collection of taxes of the extinct municipal corporation; and (B) Any property belonging to the extinct municipal corporation; and (4) Resolve the outstanding indebtedness of the extinct municipal corporation pursuant to this chapter. (c)(1) The receiver may be removed at any time by the circuit court of the Sixth Judicial District for good cause, including failure to discharge one (1) or more duties imposed by this chapter. (2) Removal may be upon: (A) The circuit court's own motion; or (B) The motion of: (i) A person interested as an inhabitant of the extinct municipal corporation; (ii) A creditor of the extinct municipal corporation; (iii) The county judge of the county in which the extinct municipal corporation was located; or (iv) The Attorney General on behalf of the state. (3) A substitute receiver shall be appointed in the same manner as the initial receiver appointed under this chapter. (4) The office of the receiver shall cease and terminate at the time a final order of dissolution is entered under § 14-62-114. (d) The receiv

Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-62-104

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 14-62-104. This identifies an authority to review, not proof of applicability.