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27-101-113. Payment by credit card.
Arkansas Code — all titles (historical 2020) · legal_authorities
27-101-113. Payment by credit card.
(a) The Secretary of the Department of Finance and Administration may:
(1) Allow payment by credit card of any fees due under this chapter;
(2) Promulgate rules providing for payment by credit card of any fees authorized under this chapter; and
(3) Contract with credit card companies to pay fees normally charged by those companies for allowing the use of their credit cards as authorized by this section.
(b)(1) The net proceeds received, or receivable, from credit card companies shall be prorated to the various funds for which they were collected and deposited into the State Treasury for transfer on the last business day of each month, in the same manner and to be used for the same purposes as all other fees collected upon the issuance or renewal of a motorboat registration with certificate of number and the issuance of a motorboat certificate of title.
(2) Any amounts deducted from the gross proceeds of motorboat registration with a certificate of number or titling fees paid by credit card, which are deducted for the purpose of paying credit card company fees, shall be cash funds not subject to appropriation and, if withheld by the secretary, shall be remitted by the secretary to credit card companies as required under contracts authorized by this section.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-101-113
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:27-101-113
Source file: gov.ar.code.title.27.odt
Pages: Not recorded – Not recorded
Passage SHA-256: abaf714d71f4694404cb92b8f2048cfdd6886d7cf269bf32ed3522c74e9d4881
Source location: content.xml paragraph 27959
Stored source content
27-101-113. Payment by credit card.
(a) The Secretary of the Department of Finance and Administration may:
(1) Allow payment by credit card of any fees due under this chapter;
(2) Promulgate rules providing for payment by credit card of any fees authorized under this chapter; and
(3) Contract with credit card companies to pay fees normally charged by those companies for allowing the use of their credit cards as authorized by this section.
(b)(1) The net proceeds received, or receivable, from credit card companies shall be prorated to the various funds for which they were collected and deposited into the State Treasury for transfer on the last business day of each month, in the same manner and to be used for the same purposes as all other fees collected upon the issuance or renewal of a motorboat registration with certificate of number and the issuance of a motorboat certificate of title.
(2) Any amounts deducted from the gross proceeds of motorboat registration with a certificate of number or titling fees paid by credit card, which are deducted for the purpose of paying credit card company fees, shall be cash funds not subject to appropriation and, if withheld by the secretary, shall be remitted by the secretary to credit card companies as required under contracts authorized by this section.
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