Statutes > Arkansas Statutes > Title 19 - Public Finance > Chapter 2 - State Revenues -- Receipts And Expenditures Generally > Subchapter 5 - Canceled Checks > § 19-2-504 - Transaction summaries.

§ 19-2-504 - Transaction summaries.

19-2-504. Transaction summaries.

On a monthly basis, financial institutions shall furnish public entities with statements summarizing all transactions of the public entity. Unless the public entity and the financial institution have a written agreement to receive digital images or copies in compliance with the provisions of this subchapter, the financial institutions shall return all original canceled checks to the public entity along with the transaction summary or statement.