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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) A state investment shall be made in the sole interest of the beneficiary state taxpayer.
(b) The Treasurer of State's evaluation of an investment shall be based only on pecuniary factors.
(c) A public entity shall not invest cash funds with a financial services provider if the financial services provider is listed on the Treasurer of State's website under § 25-1-1002.
Cite this article: FindLaw.com - Arkansas Code Title 25. State Government § 25-1-1004. Investment of public funds - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-25-state-government/ar-code-sect-25-1-1004/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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