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Arkansas Code Title 25. State Government § 25-1-1007. Exemption from divestment for certain investments

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

If an investment is subject to divestment under this subchapter but is locked into a maturity date and an early divestment would result in a financial penalty and cause a negative financial impact to the state, then the investment is exempt from divestiture under this subchapter in order to prevent financial harm to the state and ensure that the fiduciary duty for the state is met.

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Cite this article: FindLaw.com - Arkansas Code Title 25. State Government § 25-1-1007. Exemption from divestment for certain investments - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-25-state-government/ar-code-sect-25-1-1007/

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