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22-9-504. Deductions by state pursuant to contract.
Arkansas Code — all titles (historical 2020) · legal_authorities
22-9-504. Deductions by state pursuant to contract.
Any amount deducted by the state or by any public department or official thereof, pursuant to the terms of the contract, from the retained payments due the contractor shall be deducted first from that portion of the retained payments for which no security has been substituted and then from the proceeds of any deposited security. In the latter case, the contractor shall be entitled to receive interest, coupons, or income only from those securities which remain after the amount has been deducted.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 22-9-504
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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Stable record: arkansas_code:legal_authorities:22-9-504
Source file: gov.ar.code.title.22.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 8e765e7dd008fbeff9778145d4a0a4b1c7645dcd8dd00ccb91f8bf7c36bd46b4
Source location: content.xml paragraph 7090
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22-9-504. Deductions by state pursuant to contract.
Any amount deducted by the state or by any public department or official thereof, pursuant to the terms of the contract, from the retained payments due the contractor shall be deducted first from that portion of the retained payments for which no security has been substituted and then from the proceeds of any deposited security. In the latter case, the contractor shall be entitled to receive interest, coupons, or income only from those securities which remain after the amount has been deducted.
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