Arkansas Code Title 24, Chapter 2, Subchapter 2 - Investments

• § 24-2-201 - Permissible Investments of Political Subdivision Retirement Funds.
  (a) The board of trustees of any public employee retirement system of any political subdivision of the State of Arkansas shall, from time to...
• § 24-2-202 - Procedure for Purchase or Sale of Securities.
  (a) All securities purchased or sold by the board of trustees shall be upon sealed offers after publication of notice of proposal to purchase...
• § 24-2-203 - First Lien Serial Coupon Bonds of Local Industrial Development Corporations.
  (a) Whenever mutually agreeable to the respective boards of trustees, the State Board of Finance may sell and the retirement systems may purchase first...
• § 24-2-204 - Default in Payment of Principal or Interest.
  (a) In the event of default in payment of the principal of or interest on bonds or other obligations held in the respective retirement...
• § 24-2-205 - Purchase of Obligations Not Cancellation -- Trust.
  (a) All obligations purchased or received shall be held in trust for the use and benefit of the system, which trust shall be subject...
• § 24-2-206 - Jurisdiction and Custodianship of Funds -- Interest.
  (a) (1) The various retirement system funds, as established in the State Treasury, are created and constituted trust funds. (2) All assets of the...
• § 24-2-207 - Assets and Income for Retirement Systems.
  All assets and income of any retirement system of a city or other political subdivision of the State of Arkansas shall be held, invested,...

Last modified: November 15, 2016