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Ark. Code Ann. § 25-34-108

Disbursement of revenues

Known as the Arkansas Computer and Electronic Solid Waste Management Act

The act spans §§ 25–25 (11 sections).

Acts 2001, No. 1410, § 8.

Funds generated from the sale of agency surplus computer and electronic equipment to state employees, public schools, or by other sale shall be allocated as follows:

(1) If the sale of surplus computer or electronic equipment is made within the agency: Sixty percent (60%) of the proceeds shall be returned to the owning agency;

(2) Fifteen percent (15%) of the proceeds shall be deposited with the Marketing and Redistribution Section of the Office of State Procurement of the Department of Finance and Administration; and

(3) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter;

(4) If the sale of surplus computer or electronic equipment is outside the agency and conducted by the Marketing and Redistribution Section: Fifty percent (50%) of the proceeds shall be returned to the owning agency;

(5) Twenty-five percent (25%) of the proceeds shall be deposited with the Marketing and Redistribution Section; and

(6) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter and § 19-5-1217.

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.