Arkansas § 14-59-115 - Duties of municipal treasurer.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-59-115 — Duties of municipal treasurer., with citation guidance and answers to common questions.
§ 14-59-115. Duties of municipal treasurer.
Each municipal treasurer of this state or the designated representative that has been approved by the governing body shall submit a monthly financial report to the council or board of directors. Municipal treasurers shall maintain the accounting records prescribed in this chapter. If the municipal treasurer does not comply with this chapter or requests that specific duties be assigned to another employee or contracting entity, the governing body of a municipality may assign specific duties outlined in this chapter to another employee, or it may contract for the services to be performed by a private, qualified person or entity. (1) Before the governing body of a municipality assigns or contracts with a person or entity for the disbursing of funds, the governing body of a municipality shall establish by ordinance a method that provides for internal accounting controls and documentation for audit and accounting purposes. The governing body of a municipality shall ensure that the person or entity is adequately insured and bonded and conforms to best practices and standards in the industry. The governing body of a municipality may not assign duties relating to the collecting of funds to anyone other than an employee of the municipality. The governing body of a municipality may assign or contract with a private, qualified person or entity for the duties relating to the disbursing of funds for payroll, bonded debt, or construction projects funded with bond proceeds. (2) The municipal treasurer shall approve the disbursement of funds before the private, qualified person or entity disburses the funds.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-59-115
What does Arkansas Code of 1987 Annotated § 14-59-115 cover?
Section 14-59-115 ("Duties of municipal treasurer.") 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 § 14-59-115?
A common citation format is "Arkansas Code of 1987 Annotated § 14-59-115" (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 § 14-59-115 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.