Delinquent assessment — Penalty

Ark. Code Ann. § 6-71-118 — under Improvement Districts for Colleges and Universities.

Ark. Code Ann. § 6-71-118

If any assessment made under this chapter is not paid within the time mentioned in the notice published by the collector, the collector shall add thereto a penalty of twenty percent (20%) and shall at once return a list of the property on which the assessments have not been paid to the commission of the district as delinquent.