Any county or municipality or any board, commission, or other authority established by ordinance of any county or 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 may invest any of its funds not immediately needed for its purposes in bonds issued under this chapter, and bonds issued under this chapter shall be eligible to secure the deposit of public funds.
Structure Arkansas Code
Subtitle 8 - Public Facilities Generally
Chapter 144 - Research Park Authority Act
§ 14-144-301. Issuance of revenue bonds — Authorization
§ 14-144-302. Issuance of revenue bonds — Resolution of research park authority — Nature of bonds
§ 14-144-303. Issuance of revenue bonds — Indenture
§ 14-144-304. Issuance of revenue bonds — Price and manner sold
§ 14-144-305. Issuance of revenue bonds — Execution
§ 14-144-306. Issuance of revenue bonds — Obligation of research park authority
§ 14-144-307. Issuance of revenue bonds — Refunding bonds
§ 14-144-308. Issuance of revenue bonds — Mortgage lien
§ 14-144-309. Issuance of revenue bonds — Default
§ 14-144-310. Agreements to obtain funds
§ 14-144-311. Exemption from taxation
§ 14-144-312. Use of surplus funds
§ 14-144-313. Public and private contributions
§ 14-144-314. Accounts and reports
§ 14-144-315. County, municipal, and state participation