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27-24-1107. Use of funds by college or university.

Arkansas Code — all titles (historical 2020) · legal_authorities

27-24-1107. Use of funds by college or university.

27-24-1107. Use of funds by college or university. (a)(1) A participating college or university shall use all moneys collected under § 27-24-1106(b)(2) exclusively for the purpose of sponsoring college scholarships, for education programs in the field of agriculture, and for the benefit of the public. (2) Procedures and criteria used to determine the distribution of the moneys shall be established and followed by the college or university distributing the funds derived from the special license plate program under this subchapter. (b) Funds received from the special license plate program under this subchapter are supplementary and shall not be considered or used as income for purposes of reducing the general revenue appropriation to the college or university.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-24-1107

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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Authority boundary: historical statutory source snapshot not current law.

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Record provenance

Stable record: arkansas_code:legal_authorities:27-24-1107
Source file: gov.ar.code.title.27.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 244ad1bc7b3b4d07a6ddf5a9024ae36ac39dba42beb0d717f9ee6af86da8ae3a

Source location: content.xml paragraph 12230

Stored source content

27-24-1107. Use of funds by college or university. (a)(1) A participating college or university shall use all moneys collected under § 27-24-1106(b)(2) exclusively for the purpose of sponsoring college scholarships, for education programs in the field of agriculture, and for the benefit of the public. (2) Procedures and criteria used to determine the distribution of the moneys shall be established and followed by the college or university distributing the funds derived from the special license plate program under this subchapter. (b) Funds received from the special license plate program under this subchapter are supplementary and shall not be considered or used as income for purposes of reducing the general revenue appropriation to the college or university.

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Arkansas Code — all titles (historical 2020) · legal_authorities

27-24-1106. Issuance — Renewal — Replacement.

27-24-1106. Issuance — Renewal — Replacement. (a) The owner of a motor vehicle who is a resident of the State of Arkansas may apply for and renew annually a special license plate under this subchapter. (b) An applicant for a special license plate under this subchapter shall remit the following fees: (1) The fee required by law for the registration and licensing of the motor vehicle; (2) A fee not to exceed twenty-five dollars ($25.00) to cover the design-use contribution by the college or university or for fund-raising purposes; and (3) A handling and administrative fee in the amount of ten dollars ($10.00). (c) To renew a special license plate issued under this subchapter, the owner of the motor vehicle shall remit the fees stated in subsection (b) of this section. (d) To replace a special license plate issued under this subchapter: (1) The owner of the motor vehicle shall remit the fee stated in subdivision (b)(3) of this section if the registration has not expired; or (2) The owner of the motor vehicle shall remit the fees stated in subsection (b) of this section if the registration has expired. (e)(1) The Department of Finance and Administration shall remit the fees collected under subdivision (b)(2) of this section on a monthly basis to the college or university for which each special license plate was purchased. (2) The department shall also provide to each participating college or university a list of persons who have paid for a special license plate under this subchapter. (f)(1) The fee remitted under subdivision (b)(3) of this section shall be deposited into the State Central Services Fund for the benefit of the Revenue Division of the Department of Finance and Administration. (2) The fee shall be credited as supplemental and in additi

Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-24-1106

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 27-24-1106. This identifies an authority to review, not proof of applicability.