(a) If any discrepancies are found in the accounts of an officer, the Auditor of State and the county clerk shall immediately notify the bonding company, and the penalties as prescribed in §§ 26-39-215, 26-39-501, and 26-39-502 shall not apply until sixty (60) days have expired from the official notification.
(b)
(1)
(A) If the accounts are found to be correct, then, after final settlement has been made, the county clerk shall issue a quietus to the officer and shall forward a copy to the Auditor of State.
(B) Issuance of a quietus shall automatically release bondsmen or sureties of the official from any and all liability on the bond in force for the term or part thereof covered by the final settlement.
(2) However, if any discrepancy is found in the account of the county clerk or circuit clerk, the county judge shall immediately notify the bonding company.
Structure Arkansas Code
Title 21 - Public Officers and Employees
Chapter 2 - Commission, Oath, And Bond
Subchapter 1 - General Provisions
§ 21-2-101. Officers commissioned by Governor
§ 21-2-102. Commission fee and duplicate oath to be forwarded to Secretary of State
§ 21-2-103. Sending commission fees directly to Treasurer of State — Issuance of commission
§ 21-2-104. District, county, and township officers — Issuance of commissions — Collection of fees
§ 21-2-105. Administration of oaths generally
§ 21-2-106. Endorsement of oath on commission
§ 21-2-107. Bonds of state, county, and district officers generally
§ 21-2-109. Payment of premium on bonds
§ 21-2-110. Liability of surety generally
§ 21-2-111. Discharge of sureties on official bonds
§ 21-2-112. Remedy of surety against principal and cosureties
§ 21-2-113. Discrepancies in accounts — Effect on surety
§ 21-2-114. Bond required of people employed by public officials