Ark. Code Ann. § 23-112-614

Auto auction fees for salvage-titled or parts-only titled vehicles

Known as the Arkansas Motor Vehicle Commission Act

The act spans §§ 23–23 (104 sections).

Acts 2005, No. 1780, § 2; 2007, No. 827, § 191; 2009, No. 639, § 1; 2011, No. 265, § 2; 2019, No. 910, § 3244.

(1) A five-dollar ($5.00) fee shall be charged to the buyer of each item at an auto auction that is sold on a certificate of title that is labeled “salvage” or “parts-only”.

(2) The fee is special revenue and shall be deposited into the State Treasury.

(3) The Treasurer of State shall transfer the special revenues received under this section on the last business day of each month as follows: Fifty percent (50%) for the Division of Environmental Quality to be used for inspection and oversight of auto auctions to enforce all laws and rules administered by the Division of Environmental Quality; and

(4) Fifty percent (50%) for the Division of Arkansas State Police to be used for inspection and oversight of auto auctions.

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.