The board of directors of each corporation shall direct the investment of moneys in each workers' compensation self-insurers guaranty fund, and all returns on the investments shall be retained in each fund. The moneys in each fund shall be used solely to compensate persons entitled to receive workers' compensation benefits from an Arkansas self-insurer which is unable to meet its workers' compensation benefits obligations and to defray the expenses of each fund.
Structure Arkansas Code
Title 11 - Labor and Industrial Relations
Chapter 9 - Workers' Compensation
Subchapter 9 - Workers' Compensation Private Sector Self-Insurer Guaranty Funds
§ 11-9-901. Creation — Exemption
§ 11-9-904. Amount of fund — Assessment — Inadequacy
§ 11-9-905. Report to board of directors on financial condition of self-insurer
§ 11-9-906. Money to be vested in corporation — Annual audit
§ 11-9-907. Investment — Use of funds
§ 11-9-909. Action against self-insurer