Arkansas Code
Subtitle 3 - Municipal Government
Chapter 59 - Arkansas Municipal Accounting Law

§ 14-59-101. Title - This chapter shall be known and cited as the “Arkansas...

§ 14-59-102. Applicability - This chapter shall apply to all funds under the budgetary...

§ 14-59-103. Exemption for other systems - (a) In the event any municipality feels its system of...

§ 14-59-104. Bank accounts - (a) All municipalities of this state receiving state aid in...

§ 14-59-105. Prenumbered checks — Electronic funds transfers - (a) All disbursements of municipal funds, except those described in...

§ 14-59-106. Petty cash funds - (a) Municipalities are permitted to establish petty cash funds, so...

§ 14-59-107. Fixed asset records - (a) The governing body shall adopt a policy defining fixed...

§ 14-59-108. Reconciliation of bank accounts - (a) (1) On a monthly basis, all municipalities shall reconcile...

§ 14-59-109. Prenumbered receipts - (a) All funds received are to be formally receipted at...

§ 14-59-110. Cash receipts journals - (a) (1) Municipalities shall establish a cash receipts journal or...

§ 14-59-111. Cash disbursements journals - (a) (1) Municipalities shall establish a cash disbursements journal or...

§ 14-59-114. Maintenance and destruction of accounting records - (a) Accounting records can basically be divided into the following...

§ 14-59-115. Duties of municipal treasurer - (a) Each municipal treasurer of this state or the designated...

§ 14-59-116. Annual publication of financial statement - (a) (1) The governing body of each municipality shall publish...

§ 14-59-117. Withholding of turnback for noncompliance - (a) (1) If Arkansas Legislative Audit determines that a municipal...

§ 14-59-118. Penalty - (a) Any municipal treasurer who refuses or neglects to maintain...

§ 14-59-119. Debit card and credit card payments - (a) A municipality may accept a legal payment and any...