Arkansas Code § 19-3-702 - Definitions

As used in this subchapter:

(1) "Bank depository", "investment depository", "securities broker", and "State Treasury" have the meanings provided in ยง 19-3-502; and

(2) (A) "Direct financial interest" means the direct compensation or other remuneration to a person or a family member of a person that is attributable to an investment or a deposit of money or securities from the State Treasury.

(B) "Direct financial interest" does not include compensation from the investment or deposit of a person's own money or securities.

Section: 19-3-702  19-3-703  19-3-704  19-3-705    Next

Last modified: November 15, 2016