Arkansas § 15-22-614 - Deposit of revenues — Trust funds.
Full text of Arkansas Arkansas Code of 1987 Annotated § 15-22-614 — Deposit of revenues — Trust funds., with citation guidance and answers to common questions.
§ 15-22-614. Deposit of revenues — Trust funds.
All revenues derived by the Arkansas Natural Resources Commission from any project financed under this subchapter shall be deposited by the commission, as received, into trust funds in the State Treasury to accomplish the purposes of this subchapter, specifically, in amounts or portions as set forth in the resolution or trust indenture authorizing or securing the bonds issued to finance the development of such a project into trust funds created and designated as follows: Into the Water Resources Development Bond Fund to provide for payment of all or a part of debt service on bonds issued under this subchapter; Into the Water Resources Development Debt Service Reserve Fund to provide a reserve for payment of debt service on the bonds; and Into the Water Resources Development Operation and Maintenance Fund to provide for all or a part of the operation and maintenance needs of such a project or of other projects financed under this subchapter. The Treasurer of State is authorized and directed to establish separate accounts within the funds to correspond to and reflect the various series of bonds to which attributable.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 15-22-614
What does Arkansas Code of 1987 Annotated § 15-22-614 cover?
Section 15-22-614 ("Deposit of revenues — Trust funds.") 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 § 15-22-614?
A common citation format is "Arkansas Code of 1987 Annotated § 15-22-614" (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 § 15-22-614 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.