Arkansas § 14-25-106 - Fixed asset records.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-25-106 — Fixed asset records., with citation guidance and answers to common questions.
§ 14-25-106. Fixed asset records.
All county officials shall establish by major category and maintain, as a minimum, an itemized listing of all fixed assets owned by, or under the control of, their offices. Each county official shall maintain the listing unless the quorum court designates one (1) county official or employee of the county to be responsible for maintaining the list for the county. Each county official shall total the listing by category with a total of all categories. The categories of fixed assets may include without limitation: Land; Buildings; Motor vehicles; and Equipment. The listing shall contain as a minimum: Property item number, if used by the county; Brief description; Serial number, if available; Location of property; Date of acquisition; and Cost of property. Fixed asset records shall constitute a part of the general records of the county and, accordingly, shall be made available for utilization by the auditor at the time of audit.
Frequently Asked Questions About Arkansas § 14-25-106
What does Arkansas Code of 1987 Annotated § 14-25-106 cover?
Section 14-25-106 ("Fixed asset records.") 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 § 14-25-106?
A common citation format is "Arkansas Code of 1987 Annotated § 14-25-106" (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 § 14-25-106 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.