(a) The Treasurer of State may purchase bonds from the State of Israel that are guaranteed and backed by the full faith and credit of the government of Israel as the sovereign debt of the State of Israel.
(b) The moneys that the Treasurer of State may use in the purchase of any bonds from the State of Israel shall be those funds available for investment under this subchapter.
Structure Arkansas Code
Chapter 3 - State Treasury Management
Subchapter 5 - State Treasury Management Law
§ 19-3-503. State Treasury accounts
§ 19-3-504. Record and report of financial transactions
§ 19-3-505. Disposition of moneys received by Treasurer of State
§ 19-3-506. Custodian of moneys and securities — Internal controls — Annual audit
§ 19-3-507. Bank depositories generally
§ 19-3-508. Deposits in ineligible institutions
§ 19-3-509. Maximum amount of deposits and investments — Protection of State Treasury funds
§ 19-3-510. Types of accounts for deposits
§ 19-3-511. Term of deposit — Interest
§ 19-3-512. Estimate and investment of funds not needed for immediate cash requirements
§ 19-3-513. Interest income on deposits
§ 19-3-515. Charges on deposits
§ 19-3-516. Discontinuance as bank depository
§ 19-3-517. Effect of proper deposits
§ 19-3-518. Investments in securities and bank certificates of deposit
§ 19-3-519. State Treasury Certificate of Deposit Investment Program — Definitions
§ 19-3-520. Minimum balance to be maintained
§ 19-3-521. Securities Reserve Fund