Any municipality, or any board, commission, or other authority duly established by ordinance of any municipality, or the boards of trustees, respectively, of the firemen's relief and pension fund and the policemen's pension and relief fund of any such municipality, or the board of trustees of any retirement system created by the General Assembly of the State of Arkansas, may, in its discretion, invest any of its funds not immediately needed for its purposes, in bonds issued under the provisions of this chapter, and bonds issued under the provisions of this chapter shall be eligible to secure the deposit of public funds.
Structure Arkansas Code
Subtitle 8 - Public Facilities Generally
Chapter 143 - Regional Intermodal Facilities Act
§ 14-143-103. Establishment of authorities
§ 14-143-104. Authority as public corporation
§ 14-143-105. Appointment of board
§ 14-143-106. Vacancy on board
§ 14-143-107. Compensation prohibited — Reimbursement of expenses
§ 14-143-108. Facilities authorized
§ 14-143-109. Powers of authority generally
§ 14-143-110. Issuance of revenue bonds — Authorization
§ 14-143-111. Issuance of revenue bonds — Resolution of authority — Nature of bonds
§ 14-143-112. Issuance of revenue bonds — Indenture
§ 14-143-113. Issuance of revenue bonds — Price and manner sold
§ 14-143-114. Issuance of revenue bonds — Execution
§ 14-143-115. Issuance of revenue bonds — Obligation of authority
§ 14-143-116. Issuance of revenue bonds — Refunding bonds
§ 14-143-117. Issuance of revenue bonds — Mortgage lien
§ 14-143-118. Issuance of revenue bonds — Default
§ 14-143-119. Agreements to obtain funds
§ 14-143-120. Acquisition of property
§ 14-143-121. Exemption from taxation
§ 14-143-122. Use of surplus funds
§ 14-143-123. Public and private contributions
§ 14-143-124. Accounts and reports
§ 14-143-125. County, municipal, and state authority
§ 14-143-126. Lease of facilities