The levy of the assessment may be made by way of proportional amounts of the total assessed benefits. Interest need not be calculated until it is necessary to do so to avoid exceeding the total amount of benefits and interest, or the interest may be first collected.
Ark. Code Ann. § 14-117-412
Levy of assessment — Interest
Known as the Arkansas Irrigation, Drainage, and Watershed Improvement District Act
The act spans §§ 14–14 (52 sections).
Acts 1949, No. 329, § 22; 1963, No. 110, § 4; A.S.A. 1947, § 21-922.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.