Ark. Code § 18-28-211

Current with legislation from 2024 Fiscal and Special Sessions.

Section 18-28-211 - Crediting of dividends, interest, and increments to owner's account

If property other than money is delivered to the administrator under this subchapter, the owner is entitled to receive from the administrator any income or gain realized or accruing on the property at or before liquidation or conversion of the property into money. If the property was an interest-bearing demand, savings, or time deposit, including a deposit that is automatically renewable, the administrator shall not pay interest.

Acts 1999, No. 850, § 11; 2005, No. 175, § 1.