Arkansas Code § 14-203-118 - Investment of Public Funds in Bonds

Any municipality, or any board, commission, or other authority duly established by ordinance of any municipality, or the boards of trustees, respectively, of the firemen's relief and pension fund and the policemen's pension and relief fund of any municipality, or the board of trustees of any retirement system created by the General Assembly may, in its discretion, invest any of its funds in bonds issued under the provisions of this chapter. Bonds issued under the provisions of this chapter shall be eligible to secure the deposit of public funds.

Section: Previous  14-203-105  14-203-106  14-203-107  14-203-108  14-203-109  14-203-110  14-203-111  14-203-112  14-203-113  14-203-114  14-203-115  14-203-116  14-203-117  14-203-118  

Last modified: November 15, 2016