Skip to main content
Find a Lawyer

Arkansas Code Title 27. Transportation § 27-19-619. Notice of availability--Forfeiture

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

(a)(1) Whenever any person shall be required to deposit security for the payment of damages arising out of a motor vehicle accident as described in this chapter and the requirement for the depositing of the security is terminated, the Office of Driver Services shall, by ordinary mail at his or her last known address, notify the person within ninety (90) days that he or she may claim the deposit.

(2)(A) If the person fails to claim the deposit within five (5) years from the date of the termination of the requirement for the deposit of the security, then the amount so deposited shall be forfeited to the State of Arkansas.

(B) Any and all amounts forfeited shall be deposited into the State Treasury to the credit of the General Revenue Fund Account of the State Apportionment Fund.

(3) Not less than ninety (90) days before the expiration of the five-year period, the Office of Driver Services shall notify the owner of the deposit by certified or registered mail at his or her last known address that unless he or she claims the deposit within ninety (90) days, it shall be forfeited to the state.

(b) If any person whose deposit of security is forfeited pursuant to this section makes request therefor and furnishes to the Office of Driver Services satisfactory proof that he or she was an active member of the United States Armed Forces at the time of the forfeiture, the Office of Driver Services shall by memorandum so notify the Auditor of State, and the amount of the forfeited deposit shall be paid to the depositor upon voucher and warrant drawn upon and payable from any funds appropriated for miscellaneous tax refunds.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Arkansas Code Title 27. Transportation § 27-19-619. Notice of availability--Forfeiture - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-27-transportation/ar-code-sect-27-19-619/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard