Arkansas § 8-12-103 - Natural Resources Damages Trust Fund.
Full text of Arkansas Arkansas Code of 1987 Annotated § 8-12-103 — Natural Resources Damages Trust Fund., with citation guidance and answers to common questions.
§ 8-12-103. Natural Resources Damages Trust Fund.
There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the “Natural Resources Damages Trust Fund”. In addition to all moneys appropriated by the General Assembly to the fund, there shall be deposited into the fund all payments collected by the state for restoration, rehabilitation, replacement, or acquisition of natural resources, any moneys received by the state as a gift or donation to the fund or any federal moneys designated to enter the fund, and all interest earned upon moneys deposited into the fund. All moneys received into the fund shall be utilized for natural resource restoration, rehabilitation, replacement, or acquisition. All expenditures from the fund shall be authorized by the Natural Resources Damages Advisory Board according to the provisions of this chapter and the requirements or conditions of any orders, settlement agreements, gifts, or donations.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 8-12-103
What does Arkansas Code of 1987 Annotated § 8-12-103 cover?
Section 8-12-103 ("Natural Resources Damages Trust Fund.") 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 § 8-12-103?
A common citation format is "Arkansas Code of 1987 Annotated § 8-12-103" (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 § 8-12-103 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.