§ 26-39-501 - Penalty for failing to pay county funds. - Arkansas Statutes

26-39-501. Penalty for failing to pay county funds.

(a) Every collector of the county revenue, having made settlement according to law of the county revenue received and collected by him, shall pay the amount found due from him into the county treasury, and the treasurer shall give duplicate receipts therefor, one (1) of which shall be filed by the collector in the office of the county clerk.

(b) Every collector or sheriff who shall fail to make payment of the amount due from him on settlement, in the time and manner prescribed in this section, shall forfeit and pay to the county the sum of five percent (5%) per month on the sum wrongfully withheld, to be computed from the time the payment ought to have been made until actual payment, which may be recovered by suit on his official bond.