# Ark. Code Ann. § 19-3-505: Disposition of moneys received by Treasurer of State

> Arkansas · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-505

## Section

- **Citation:** Ark. Code Ann. § 19-3-505
- **Heading:** Disposition of moneys received by Treasurer of State
- **Jurisdiction:** Arkansas
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AR Code / Title 19 / Chapter 3 / Subchapter 5 / Section 19-3-505

## Text

(a) (1) The Treasurer of State shall issue receipts to depositors of moneys into the State Treasury. (2) On the day of receipt or as soon as practical, the moneys shall be credited to the appropriate fund as provided by law. (b) (1) After credit to the appropriate funds, the moneys shall be: (A) Commingled with all other moneys in the State Treasury; and (B) Deposited into bank depositories to the credit of the account of the Treasurer of State or invested as prescribed in this subchapter. (2) This subsection does not prohibit the Treasurer of State from keeping cash of the State Treasury in the Treasurer of State's office in reasonable amounts necessary for the transaction of the day-to-day business of the office with persons and firms other than bank depositories. Amended by Act 2013, No. 1088,§ 2, eff. 8/16/2013. Acts 1997, No. 847, § 1.

(a) (1) The Treasurer of State shall issue receipts to depositors of moneys into the State Treasury. (2) On the day of receipt or as soon as practical, the moneys shall be credited to the appropriate fund as provided by law.

(1) The Treasurer of State shall issue receipts to depositors of moneys into the State Treasury.

(2) On the day of receipt or as soon as practical, the moneys shall be credited to the appropriate fund as provided by law.

(b) (1) After credit to the appropriate funds, the moneys shall be: (A) Commingled with all other moneys in the State Treasury; and (B) Deposited into bank depositories to the credit of the account of the Treasurer of State or invested as prescribed in this subchapter. (2) This subsection does not prohibit the Treasurer of State from keeping cash of the State Treasury in the Treasurer of State's office in reasonable amounts necessary for the transaction of the day-to-day business of the office with persons and firms other than bank depositories.

(1) After credit to the appropriate funds, the moneys shall be: (A) Commingled with all other moneys in the State Treasury; and (B) Deposited into bank depositories to the credit of the account of the Treasurer of State or invested as prescribed in this subchapter.

(A) Commingled with all other moneys in the State Treasury; and

(B) Deposited into bank depositories to the credit of the account of the Treasurer of State or invested as prescribed in this subchapter.

(2) This subsection does not prohibit the Treasurer of State from keeping cash of the State Treasury in the Treasurer of State's office in reasonable amounts necessary for the transaction of the day-to-day business of the office with persons and firms other than bank depositories.

Amended by Act 2013, No. 1088,§ 2, eff. 8/16/2013.

Acts 1997, No. 847, § 1.

## Nearby sections

- [Ark. Code Ann. § 19-3-501 Title](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-501.md)
- [Ark. Code Ann. § 19-3-502 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-502.md)
- [Ark. Code Ann. § 19-3-503 State Treasury accounts](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-503.md)
- [Ark. Code Ann. § 19-3-504 Record and report of financial transactions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-504.md)
- [Ark. Code Ann. § 19-3-505 Disposition of moneys received by Treasurer of State](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-505.md)
- [Ark. Code Ann. § 19-3-506 Custodian of moneys and securities - Internal controls - Annual audit](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-506.md)
- [Ark. Code Ann. § 19-3-507 Bank depositories generally](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-507.md)
- [Ark. Code Ann. § 19-3-508 Deposits in ineligible institutions](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-508.md)
- [Ark. Code Ann. § 19-3-509 Maximum amount of deposits and investments - Protection of State Treasury funds](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-509.md)
- [Ark. Code Ann. § 19-3-510 Types of accounts for deposits](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-510.md)
- [Ark. Code Ann. § 19-3-511 Term of deposit - Interest](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-511.md)
- [Ark. Code Ann. § 19-3-512 Estimate and investment of funds not needed for immediate cash requirements](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-512.md)
- [Ark. Code Ann. § 19-3-513 Interest income on deposits](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-513.md)
- [Ark. Code Ann. § 19-3-514 List of deposits](https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-514.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AR_T19_C3_S5_S19-3-505. Check the current official text before relying on it. Not legal advice.