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Arkansas Code Title 21. Public Officers and Employees § 21-5-509. Exclusive benefit

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

All amounts of compensation deferred pursuant to a deferred compensation program, all property and rights purchased with such amounts, and income attributed to such amounts, property, and rights shall be held in one (1) or more annuity contracts, custodial accounts, or in trust for the exclusive benefit of the employees and their beneficiaries participating in such a program.

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Cite this article: FindLaw.com - Arkansas Code Title 21. Public Officers and Employees § 21-5-509. Exclusive benefit - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-21-public-officers-and-employees/ar-code-sect-21-5-509/

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