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(a)
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(1) All fees and other moneys received by the Arkansas State Board of Physical Therapy under this chapter shall be deposited into a financial institution in this state and expended solely for the purposes of this chapter.
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(2) No part of these funds shall revert to the general funds of this state.
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(b)
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(1) The compensation provided by this chapter and all expenses incurred under this chapter shall be paid from these funds.
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(2) Compensation or expenses incurred under this chapter shall not be a charge against the general funds of this state.
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(c) The board shall file an annual report of its activities with the Department of Finance and Administration, and the report shall include a statement of all receipts and disbursements.