Arkansas Code § 15-5-305 - Authorized Investors

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 such municipality or the board of trustees of any retirement system created by the General Assembly, in its discretion, may invest any of its funds not immediately needed for its purposes in bonds issued under the provisions of this subchapter and §§ 15-5-101 -- 15-5-106, 15-5-201 -- 15-5-211, and 15-5-213, and bonds issued under the provisions of this subchapter and §§ 15-5-101 -- 15-5-106, 15-5-201 -- 15-5-211, and 15-5-213 shall be eligible to secure the deposit of public funds.

Section: Previous  15-5-302  15-5-303  15-5-304  15-5-305  15-5-306  15-5-307  15-5-308  15-5-309  15-5-310  15-5-311  15-5-312  15-5-313  15-5-314  15-5-315  Next

Last modified: November 15, 2016