(a) All water improvement districts of this state shall establish and maintain commercial bank accounts for the deposit of all funds received.
(b) The accounts shall be established and maintained in the name of the water improvement district.
Structure Arkansas Code
Subtitle 7 - Water and Soil Improvement Districts
Chapter 119 - Water Improvement District Accounting
§ 14-119-103. Deposit of funds
§ 14-119-104. Prenumbered receipts
§ 14-119-105. Prenumbered checks
§ 14-119-106. Petty cash funds
§ 14-119-107. Reconciliation of bank accounts
§ 14-119-108. Fixed asset records
§ 14-119-109. Cash receipts journal
§ 14-119-110. Cash disbursements journal
§ 14-119-111. Accounting systems above minimum
§ 14-119-112. Classification, maintenance, and destruction of records