Arkansas Code § 19-8-302 - Purpose

The purpose of this subchapter is to permit local governments in Arkansas to join together to establish trusts for joint investment of moneys not currently needed so as to enhance their investment opportunities and increase investment earnings. This subchapter shall be deemed to provide an additional and alternative method of investment for local governments. It is supplemental to existing investment authority.

Section: 19-8-302  19-8-303  19-8-304  19-8-305  19-8-306  19-8-307  19-8-308  19-8-309  19-8-310  19-8-311    Next

Last modified: November 15, 2016