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ARKANSAS STATUTES AND CODES
§ 19-7-909 - Disposition of funds.
19-7-909. Disposition of funds.
(a) All moneys received by a political subdivision pursuant to 19-7-907 or 19-7-908 shall be deposited into such funds or items of a fund as may be designated in the agreement.
(b) If the agreement does not make such designation, the moneys shall be deposited into such funds or items of a fund as the governing body of the subdivision shall, by appropriate resolution, direct.
(a) All moneys received by a political subdivision pursuant to 19-7-907 or 19-7-908 shall be deposited into such funds or items of a fund as may be designated in the agreement.
(b) If the agreement does not make such designation, the moneys shall be deposited into such funds or items of a fund as the governing body of the subdivision shall, by appropriate resolution, direct.
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