Ark. Code Ann. § 14-199-305: Use of down payment
Where this section sits in the code
- AR Code
- Title 14
- Chapter 199
- Subchapter 3
The proceeds of any initial cash payment from the sale of any system of waterworks or gas or electric plants of any town or city shall be applied first to the payment of all unsecured debts owing by the town or city on account of the plant or system. Any remainder shall be turned over to the treasurer of the town or city.
Collected 2026-09-14T18:32:41Z. Source file · JSON