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Arkansas Code Title 14. Local Government § 14-59-104. Bank accounts--Requirements

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) All municipalities of this state receiving state aid in the form of either turnback of general revenues or highways revenues shall maintain all funds in depositories approved for such purposes by law.

(b) The municipalities shall maintain separate bank accounts for general funds and street funds.

(c) The accounts shall be maintained in the name of the municipality.

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Cite this article: FindLaw.com - Arkansas Code Title 14. Local Government § 14-59-104. Bank accounts--Requirements - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-14-local-government/ar-code-sect-14-59-104/

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