26-26-909. Credits and stocks which need not be listed.

Arkansas Code — all titles (historical 2020) · legal_authorities

26-26-909. Credits and stocks which need not be listed.

26-26-909. Credits and stocks which need not be listed. (a) No person shall be required to list a greater portion of any credits than he or she believes will be acquired or can be collected, nor any greater portion of any obligation given to secure the payment of rent than the amount of rent that shall have accrued on the lease and shall remain due and unpaid at the time of listing. (b) No person shall be required to include in his or her statement, as a part of the personal property, moneys, credits, investments in bonds, stocks, joint-stock companies, or otherwise, which he or she is required to list, any share or portion of the capital stock or property of any company or corporation which is required to list or return its capital and property for taxation in this state.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 26-26-909

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.