Ark. Code Ann. § 14-93-120: Interest on assessment
Where this section sits in the code
- AR Code
- Title 14
- Chapter 93
The assessment of the benefits shall bear interest at the rate of ten percent (10%) per annum from the time it is equalized. However, the 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.
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