27-35-307. Payment of fees on monthly basis.

(a) Persons posting a surety bond with the Arkansas State Highway and Transportation Department in the amount of one thousand dollars ($1,000), payable on default to the State of Arkansas, shall be allowed to pay the fees accruing for permits on a monthly basis.

(b) Should the person fail to pay any sum owing to the department within thirty (30) days after due, the department may execute on the bond.