The board shall also 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 318 - Improvement Districts For Acquiring Rights-of-way
§ 14-318-103. Petition by landowners
§ 14-318-104. Notice of petition
§ 14-318-105. Hearing on petition — Appeal
§ 14-318-106. District as body corporate
§ 14-318-107. Commissioners' oath
§ 14-318-108. Board organization — Vacancy
§ 14-318-109. Liability of board members
§ 14-318-112. Procurement and filing of plans for rights-of-way
§ 14-318-114. Duties of the county clerk and the collector
§ 14-318-115. Assessment order — Lien — Remedy
§ 14-318-116. Filing assessments — Notice — Hearing
§ 14-318-117. Interest on assessment
§ 14-318-118. Reassessment of benefits
§ 14-318-119. Time for payment of tax — Collection of delinquent taxes — Right of redemption
§ 14-318-120. Payment of improvement taxes with general taxes
§ 14-318-121. Additional levies in event of deficiency — Mandamus
§ 14-318-122. Commissioners' warrant
§ 14-318-123. Negotiable notes or bonds — Preliminary expenses and work
§ 14-318-124. Payment of preliminary expenses after failure to make improvement
§ 14-318-125. Misuse of bonds or money arising from sale of bonds — Penalties