The board shall select some solvent bank or trust company as the depository of its funds, exacting of the depository a bond in an amount equal to the amount of money likely to come into its hands.
Structure Arkansas Code
Subtitle 19 - Roadways, Bridges, and Parking Improvement Districts
Chapter 317 - Rural Road Improvement Districts
§ 14-317-103. Petition for district formation — In general
§ 14-317-104. Notice of petition
§ 14-317-105. Circulation of identical petitions
§ 14-317-106. Hearing on petition — Appeal
§ 14-317-107. District as body corporate
§ 14-317-108. Commissioners' oath
§ 14-317-109. Board organization — Vacancy
§ 14-317-110. Liability of board members
§ 14-317-113. Sale of acquired lands
§ 14-317-115. Plans for improvement — Assessor
§ 14-317-116. County clerk — Collector
§ 14-317-117. Alteration of plans
§ 14-317-118. Signatures prerequisite to levy — Five year freeze on assessment increase
§ 14-317-119. Assessment order — Lien — Remedy
§ 14-317-120. Filing assessments — Notice — Hearing
§ 14-317-121. Interest on assessment
§ 14-317-123. Additional levies for payment of bonds
§ 14-317-124. Payment of levies — Delinquency
§ 14-317-126. Priority of actions — Appeals
§ 14-317-128. Negotiable notes or bonds — Mortgages
§ 14-317-129. Contractors' bonds
§ 14-317-130. Estimate of work completed — Payment of contractors
§ 14-317-131. Preliminary expenses after failure to make improvement
§ 14-317-132. District's continued existence — Levies for repair
§ 14-317-133. Disposition of funds
§ 14-317-134. Changing assessment of benefits when property is transferred