Arkansas Code Title 19, Chapter 2, Subchapter 3 - Accounts and Notes Receivable Abatement

  • § 19-2-301 - Title.
    This subchapter may be known as the "Accounts and Notes Receivable Abatement Act for the State of Arkansas".
  • § 19-2-302 - Purpose.
    The purpose of this subchapter is to establish procedures for the various state agencies, authorities, boards, commissions, departments, and institutions of higher education to...
  • § 19-2-303 - Definitions.
    As used in this subchapter: (1) "Abatement" means a complete or partial cancellation of a tax levied, special assessment, service charge, student loan, note...
  • § 19-2-304 - Recording of Amounts Due.
    Each state agency shall record upon its books of record the amounts due it for delivery of goods and services, licenses, unpaid taxes, student...
  • § 19-2-305 - Referring of Outstanding Debts for Collection.
    (a) A state agency shall diligently and actively pursue the collection of their accounts and notes receivable.(b) Diligently and actively pursuing the collection of...
  • § 19-2-306 - Abatement of Debt.
    (a) If after the state agency has pursued collection of the debt owed it as set out in this subchapter and the debt or...
  • § 19-2-307 - Rules and Regulations.
    The Director of the Department of Finance and Administration is authorized to promulgate such rules and regulations as deemed necessary to implement the provisions...

Last modified: November 15, 2016