Arkansas § 14-218-113 - Payment of assessments.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-218-113 — Payment of assessments., with citation guidance and answers to common questions.
§ 14-218-113. Payment of assessments.
It shall be provided by ordinance that the local assessment of benefits shall be paid in successive annual installments so that no annual installment shall in any one (1) year exceed twelve and one-half percent (12½%) of the assessed benefits accruing to the real property. The ordinance shall fix the day in each year when the local assessments of the year shall be paid.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-218-113
What does Arkansas Code of 1987 Annotated § 14-218-113 cover?
Section 14-218-113 ("Payment of assessments.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 14-218-113?
A common citation format is "Arkansas Code of 1987 Annotated § 14-218-113" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 14-218-113 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.