§ 14-237-113 - Publication of financial statements. - Arkansas Statutes

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14-237-113. Publication of financial statements.

(a) (1) The operating authority of each municipal water or sewer department shall cause to be published semiannually one (1) time in one (1) legal newspaper of general circulation in the municipality a financial statement of the water or sewer department including the receipts and expenditures for that period and a statement of the indebtedness and financial condition of the water or sewer department.

(2) The financial statement shall be at least as detailed as the minimum record of accounts as provided in this chapter.

(3) The financial statement for the first six (6) months of the calendar year shall be published by September 1, and the financial statement for the last six (6) months of the calendar year shall be published by March 1 of the following year.

(b) However, in incorporated towns where no newspaper is published, written or printed notice posted in five (5) of the most public places in the incorporated town shall be deemed a sufficient publication of the financial statement provided for in this section.

State Codes and Statutes

Statutes > Arkansas > Title-14 > Subtitle-14 > Chapter-237 > 14-237-113

14-237-113. Publication of financial statements.

(a) (1) The operating authority of each municipal water or sewer department shall cause to be published semiannually one (1) time in one (1) legal newspaper of general circulation in the municipality a financial statement of the water or sewer department including the receipts and expenditures for that period and a statement of the indebtedness and financial condition of the water or sewer department.

(2) The financial statement shall be at least as detailed as the minimum record of accounts as provided in this chapter.

(3) The financial statement for the first six (6) months of the calendar year shall be published by September 1, and the financial statement for the last six (6) months of the calendar year shall be published by March 1 of the following year.

(b) However, in incorporated towns where no newspaper is published, written or printed notice posted in five (5) of the most public places in the incorporated town shall be deemed a sufficient publication of the financial statement provided for in this section.

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State Codes and Statutes

Statutes > Arkansas > Title-14 > Subtitle-14 > Chapter-237 > 14-237-113

14-237-113. Publication of financial statements.

(a) (1) The operating authority of each municipal water or sewer department shall cause to be published semiannually one (1) time in one (1) legal newspaper of general circulation in the municipality a financial statement of the water or sewer department including the receipts and expenditures for that period and a statement of the indebtedness and financial condition of the water or sewer department.

(2) The financial statement shall be at least as detailed as the minimum record of accounts as provided in this chapter.

(3) The financial statement for the first six (6) months of the calendar year shall be published by September 1, and the financial statement for the last six (6) months of the calendar year shall be published by March 1 of the following year.

(b) However, in incorporated towns where no newspaper is published, written or printed notice posted in five (5) of the most public places in the incorporated town shall be deemed a sufficient publication of the financial statement provided for in this section.