§ 17-40-209 - Fees -- Disposition of funds.
17-40-209. Fees -- Disposition of funds.
(a) It is the intent of the General Assembly that the cost of the investigating and licensing of private investigators and private security agencies as authorized by this chapter be borne by the individuals and agencies so licensed.
(b) To assure that such an intent is carried out, the expenditure for personal services and operating expenses associated with the investigating and licensing of agencies and individuals required to be licensed under the provisions of this chapter shall be limited in the aggregate to the amount deposited into the State Treasury to the credit of the Department of Arkansas State Police Fund from license and registration fees of the individuals and agencies.
(c) In order to provide sufficient revenues to carry out the duties and functions prescribed by this chapter, the Arkansas Board of Private Investigators and Private Security Agencies is authorized to levy fees for licenses as authorized by this chapter in such amounts as may be deemed necessary and proper by the board.
(d) A delinquency fee shall be provided by the board.
(e) (1) All funds received by the board shall be deposited into the State Treasury as special revenues to the credit of the fund.
(2) Money remaining at the end of the fiscal year shall not revert to any other fund but shall carry over to the next fiscal year.