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Arkansas Code Title 19. Public Finance § 19-8-302. Purpose of act

Current as of March 28, 2024 | Updated by Findlaw Staff

The purpose of this subchapter is to permit local governments in Arkansas to join together to establish trusts for joint investment of moneys not currently needed so as to enhance their investment opportunities and increase investment earnings. This subchapter shall be deemed to provide an additional and alternative method of investment for local governments. It is supplemental to existing investment authority.

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Cite this article: FindLaw.com - Arkansas Code Title 19. Public Finance § 19-8-302. Purpose of act - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-19-public-finance/ar-code-sect-19-8-302/

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