{"data":{"id":"us-ar/ark.-code-ann.-24-11-409","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 24-11-409","heading":"Deposit of moneys","body":"The board shall deposit all moneys in the bank selected as the fiscal agent of the city in which it is located, but only if the moneys draw the same rate of interest as the city receives on its deposits. Otherwise, the board shall make its own selection of the bank.","path":["AR Code","Title 24","Chapter 11","Subchapter 4"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"a65c95c6266240ad4e270fcb24964337684e90b70eba9506826ecb63c5fbfb15","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-24-11-408","next":"us-ar/ark.-code-ann.-24-11-410"},"notice":"GroundRules: Original legal text. Not legal advice."}