(a) The Treasurer of State shall on the first day of business of the month compute the average daily balance of the Game Protection Fund or any other funds administered by the Arkansas State Game and Fish Commission during the preceding month. The Treasurer of State shall transfer on that day to the Game Protection Fund interest on the average daily balances to be computed at a rate equivalent to the average rate of interest earned on all State Treasury funds invested.
(b) All interest earned on the Arkansas State Game and Fish Commission funds shall be classified as special revenues and, after deducting three percent (3%) for credit to the Constitutional Officers Fund and State Central Services Fund, the Treasurer of State shall credit the remaining interest earned to the Game Protection Fund.
Section: Previous 15-41-105 15-41-108 15-41-109 15-41-110 15-41-111 15-41-113 15-41-114 15-41-115 15-41-118 15-41-119 15-41-120 NextLast modified: November 15, 2016