§ 27-14-1021 - Annual notification of requirements.

27-14-1021. Annual notification of requirements.

(a) From and after January 1, 1998, the Director of the Department of Finance and Administration shall cause to be mailed to each vehicle owner in this state the following information:

(1) Notification of the requirement that each vehicle must be assessed and personal property taxes must be paid annually;

(2) Notification of the procedure and time period for annual assessment of personal property;

(3) Notification of the requirement that proof of liability insurance is required and must be maintained at all times in the vehicle; and

(4) Notification of the penalties contained in Arkansas law for:

(A) Failure to assess the vehicle or pay personal property taxes due;

(B) Failure to maintain liability insurance coverage on the vehicle; and

(C) Operation of an unsafe vehicle.

(b) The director may comply with the requirements set forth in subsection (a) of this section by including the information in the annual vehicle registration renewal notice sent to each vehicle owner.

(c) The director shall also cause to displayed, in conspicuous fashion, at each revenue office in this state, the information set forth in subsection (a) of this section.

(d) The director shall also, not later than January 1, 1998, provide such notice as is set forth in subsection (a) of this section, as well as the new procedures, to all new and used vehicle dealers in this state.