(a) Any municipality; any board, commission, or other authority duly established by ordinance of any municipality; the boards of trustees, respectively, of the firemen's relief and pension fund and the policemen's pension and relief fund of any municipality; the board of trustees of any retirement system created by the General Assembly of the State of Arkansas may, in its discretion, invest any of its funds not immediately needed for its purposes in bonds issued under the provisions of this subchapter.
(b) Bonds issued under the provisions of this subchapter shall be eligible to secure the deposit of public funds.
Section: Previous 14-184-204 14-184-205 14-184-206 14-184-207 14-184-208 14-184-209 14-184-210 14-184-211 14-184-212 14-184-213 14-184-214 14-184-215 14-184-216 14-184-217Last modified: November 15, 2016