In the event of default in payment of the principal or interest of any investment obligation held by the Arkansas Teacher Retirement System where the issuer of the obligation receives moneys from the State of Arkansas, the default shall be certified by the Board of Trustees of the Arkansas Teacher Retirement System to the Treasurer of State, who shall withhold all moneys due the issuer from the State of Arkansas until the default, together with interest thereon, is satisfied.
Section: Previous 24-7-402 24-7-403 24-7-404 24-7-405 24-7-406 24-7-407 24-7-408 24-7-409 24-7-410 24-7-411 NextLast modified: November 15, 2016