Upon satisfactory proof to the Secretary of the Department of Finance and Administration that any motor vehicle, duly licensed, has been completely destroyed by fire or collision, the owner of the vehicle may be allowed, on the purchase of a new license for another vehicle, a credit equivalent to the unexpired portion of the cost of the original license, dating from the first day of the next month after the date of the destruction.
Structure Arkansas Code
Subtitle 2 - Motor Vehicle Registration and Licensing
Chapter 14 - Motor Vehicle Administration, Certificate of Title, and Antitheft Act
Subchapter 6 - Registration and License Fees
§ 27-14-601. Fees for registration and licensing of motor vehicles — Definitions
§ 27-14-602. Registration fees
§ 27-14-603. Fee for special numbered license plates
§ 27-14-605. Credit if vehicle destroyed
§ 27-14-607. Alternate registration procedures
§ 27-14-608. Payment by credit card
§ 27-14-609. Provision of information
§ 27-14-610. Permanent registration of fleet of motor vehicles
§ 27-14-611. Registration for nonprofit motor vehicle fleets — Definitions
§ 27-14-612. Multiyear personal-use vehicle registration — Definition
§ 27-14-613. Arkansas Motor Carrier System — Definitions
§ 27-14-614. Additional fee for electric vehicles and hybrid vehicles — Definitions