Any municipality; any board, commission, or other authority 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 of the State of Arkansas may, in its discretion, invest any of its funds not immediately needed for its purposes in revenue bonds issued under the authority of this chapter. Revenue bonds issued under the authority of this chapter shall be eligible to secure the deposit of public funds.
Section: Previous 14-232-102 14-232-103 14-232-104 14-232-105 14-232-106 14-232-107 14-232-108 14-232-109 14-232-110 14-232-111 14-232-112 14-232-113 14-232-114 14-232-115 14-232-116 NextLast modified: November 15, 2016