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6-17-918. Issuing and countersigning warrants.

Arkansas Code — all titles (historical 2020) · legal_authorities

6-17-918. Issuing and countersigning warrants.

6-17-918. Issuing and countersigning warrants. (a)(1) It shall be the duty of the school district superintendent of schools to serve as ex officio financial secretary. (2) All warrants and checks shall be issued in accordance with the provisions of §§ 6-13-618(c) and 6-13-701(e). (b) The school district superintendent shall neither issue nor countersign any warrants or checks until he or she has determined that the warrants have been issued in conformity with § 6-20-402, this subchapter, and other laws.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-17-918

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:6-17-918
Source file: gov.ar.code.title.06.odt
Pages: Not recorded – Not recorded
Passage SHA-256: bcb3c95bb6c9eca4b9c23f2a96b6730b37dea4825075389854151643856529bc

Source location: content.xml paragraph 13938

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Arkansas Code — all titles (historical 2020) · legal_authorities

6-13-618. Organization — Disbursing officer.

6-13-618. Organization — Disbursing officer. (a) At the first regular meeting following the later of the certification of the results of the annual school election or the certification of the results of a runoff election, the board of directors of each school district shall organize by electing: (1) One (1) of their number president; (2) One (1) of their number vice president; and (3) A secretary who may be, but need not be, a member of the board of directors. (b)(1) By resolution adopted by majority vote, the board of directors shall designate one (1) of its members who shall serve as the primary board of directors disbursing officer of the school district. (2) In addition, the board of directors may designate one (1) or more board members as an alternate board of directors disbursing officer or officers in the absence of the designated primary board of directors disbursing officer. (3) Such a resolution must be filed with the county treasurer and the Secretary of the Department of Finance and Administration. (c) No warrant or check other than food service or activity funds warrants or checks shall be valid in the absence of the following manual or facsimile signatures: (1) That of the designated board member serving as disbursing officer for the school district or the designated alternate; and (2) That of the superintendent of the school district.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-13-618

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 6-13-618. This identifies an authority to review, not proof of applicability.

Arkansas Code — all titles (historical 2020) · legal_authorities

6-13-701. Powers and duties — Definition.

6-13-701. Powers and duties — Definition. (a) The board of directors of any school district in Arkansas is authorized to appoint a treasurer to handle the funds of the school district. (b) The treasurer shall be appointed at a regular meeting of the board of directors. (c) An executed certificate of appointment shall be filed with the county clerk, the county treasurer, and the Secretary of the Department of Finance and Administration. (d) School district treasurers shall execute a surety bond in such amount as may be required by the secretary, who shall approve the bond. The premium on the bond shall be paid out of the funds of the school district. (e) The duties of the school district treasurer shall be as follows: (1)(A) To receive and disburse funds of the school district. Disbursements of such funds shall be made only upon: (i) Checks or warrants signed by the disbursing officer of the school district board of directors and by the superintendent of the school district; or (ii) The electronic transfer of funds if the electronic transfer is: (a) Initiated by the school district; and (b) Authorized in writing by both the disbursing officer of the board of directors and the superintendent of the school district. (B) As an evidence of authority for disbursement of any funds, the school district treasurer shall have on hand approved: (i) Invoices; (ii) Payrolls that conform with written contracts on file in his or her office; and (iii) Other appropriate documentation that indicates an authority for disbursement; (2) To keep a record of all financial transactions of the school district on forms approved by the Division of Elementary and Secondary Education and Arkansas Legislative Audit; (3) To make a monthly statement to the school distric

Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-13-701

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 6-13-701. This identifies an authority to review, not proof of applicability.

Arkansas Code — all titles (historical 2020) · legal_authorities

6-20-402. Limitation on current indebtedness — Postdated warrants and installment contracts — Liability.

6-20-402. Limitation on current indebtedness — Postdated warrants and installment contracts — Liability. (a)(1)(A) The amount of obligations incurred by a school district for any school fiscal year shall not be in excess of the revenue receipts of the district for that year except as provided in this section and in § 6-20-801 et seq. (B) A school district or public charter school may enter into public-private partnerships whereby the school district or public charter school enters into a lease-purchase agreement for the acquisition or construction of a school building or related facilities built or acquired by the private entities with facilities bonds exempt from federal taxes under 26 U.S.C. § 142(a)(13), as it existed on January 1, 2003, or otherwise exempt under 26 U.S.C. § 103, as it existed on January 1, 2005. (2) A school district may issue postdated warrants or enter into installment contracts or short-term lease-purchase agreements for the following purposes: (A) Purchase of school buses; (B) Payment of premiums of insurance policies on school buildings, facilities, and equipment in instances in which the insurance coverage extends three (3) years or longer; (C)(i) Purchase of equipment. (ii) However, purchase of equipment does not include separate equipment service agreements, equipment repair contracts, or extended warranties for the equipment; (D) Installation or purchase, or both, of energy conservation measures in school facilities; (E) Construction, repair, and renovation of school facilities; (F) Purchase of school sites; (G) Payment on loans secured for settlement resulting from litigation against a school district; (H) Payment of the district's pro rata part of employing professional appraisers as authorized by laws providing fo

Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-20-402

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 6-20-402. This identifies an authority to review, not proof of applicability.