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Arkansas Code Title 24. Retirement and Pensions § 24-2-605. Investment authority and limitations--Fidelity bonds

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

(a) The boards of trustees of the respective retirement systems shall provide for a blanket fidelity bond of one million dollars ($1,000,000) covering the employees of the systems or such others as may be responsible for administering the funds.

(b) The boards may pay the premiums for the bond from funds of the systems.

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Cite this article: FindLaw.com - Arkansas Code Title 24. Retirement and Pensions § 24-2-605. Investment authority and limitations--Fidelity bonds - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-24-retirement-and-pensions/ar-code-sect-24-2-605/

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