All taxes, licenses, fees, permits, or other income collected by any board, agency, or commission by virtue of the authority of the State of Arkansas which are designated by law to be deposited into a depository other than the State Treasury are classified as “cash funds” and are declared to be revenues of the state to be used as required and to be expended only for such purposes and in such manner as determined by law.
Ark. Code Ann. § 19-6-103
Cash funds
Known as the Revenue Classification Law
The act spans §§ 19–19 (155 sections).
Applied in 1 court decision — leading case United States ex rel. Oberg v. Pennsylvania Higher Education Assistance Agency (2014)
Most recently applied in United States ex rel. Oberg v. Pennsylvania Higher Education Assistance Agency (March 2014)
Acts 1973, No. 808, § 2; A.S.A. 1947, § 13-503.1.
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.