Arkansas Code § 19-5-1204 - Balanced Budget Reserve Fund

(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Balanced Budget Reserve Fund.

(b) (1) This fund shall consist of those funds provided by the General Assembly.

(2) The fund shall be used for making distribution of additional funds to general revenues as set out by law.

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Last modified: November 15, 2016