(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the “Ouachita River Waterways Project Trust Fund”.
(b) The Ouachita River Waterways Project Trust Fund shall consist of those moneys approved by the General Assembly and the interest income earned from the investment of funds accruing to the Ouachita River Waterways Project Trust Fund.
(c)
(1) The Ouachita River Waterways Project Trust Fund may be used for such purposes authorized by law, including, but not limited to, wildlife and recreation purposes and bank stabilization.
(2) The funds shall not be used for bend cuts or bend widenings.
(d) Investment of the funds available shall be by the Treasurer of State in such amounts and in such manner as may be directed by the Ouachita River Commission. In no event, however, shall the funds be invested for longer than a continuous two-year period.
Structure Arkansas Code
Chapter 5 - Revenue Stabilization Law
Subchapter 11 - Trust Funds Continued
§ 19-5-1102. Performance Partnership Trust Fund
§ 19-5-1103. Property Tax Relief Trust Fund. [Effective until July 1, 2017.]
§ 19-5-1103. Property Tax Relief Trust Fund. [Effective July 1, 2017.]
§ 19-5-1104. Arkansas Disaster Relief Program Trust Fund
§ 19-5-1105. Small Business Revolving Loan Fund
§ 19-5-1106. State Insurance Department Prepaid Trust Fund
§ 19-5-1107. Natural Resources Damages Trust Fund
§ 19-5-1108. Water, Waste Disposal, and Pollution Abatement General Obligation Bond Fund
§ 19-5-1109. Ouachita River Waterways Project Trust Fund
§ 19-5-1111. Environmental Settlement Trust Fund
§ 19-5-1112. Geographic Information Systems Fund
§ 19-5-1113. Policemen's Pension Supplement Program Fund
§ 19-5-1114. Arkansas Construction Industry Craft Training Trust Fund
§ 19-5-1115. Arkansas Healthy Century Trust Fund
§ 19-5-1116. Tobacco Settlement Program Fund
§ 19-5-1117. Arkansas Tobacco Settlement Commission Fund
§ 19-5-1118. Prevention and Cessation Program Account
§ 19-5-1119. Targeted State Needs Program Account
§ 19-5-1120. Arkansas Biosciences Institute Program Account
§ 19-5-1121. Medicaid Expansion Program Account
§ 19-5-1122. Juvenile Accountability Incentive Block Grant Trust Fund
§ 19-5-1123. Baby Sharon's Children's Catastrophic Illness Grant Program Trust Fund
§ 19-5-1125. Arkansas Capitol Grounds Monument and Memorial Preservation Fund — Definitions
§ 19-5-1126. Arkansas Public Transit Trust Fund
§ 19-5-1127. Military Family Relief Trust Fund
§ 19-5-1128. Arkansas Multi-Agency Insurance Trust Fund
§ 19-5-1129. Organ Donor Awareness Education Trust Fund
§ 19-5-1130. Economic Development Superprojects Project Fund
§ 19-5-1131. Division of Workforce Services Training Trust Fund
§ 19-5-1134. Public School Insurance Trust Fund
§ 19-5-1135. Arkansas Fair Housing Commission Trust Fund
§ 19-5-1136. Animal Rescue and Shelter Trust Fund — Definition
§ 19-5-1137. Division of Environmental Quality Fee Trust Fund
§ 19-5-1138. Lottery Trust Fund
§ 19-5-1140. Water Performance Bond Fund
§ 19-5-1142. Nonmunicipal Domestic Sewage Treatment Works Trust Fund
§ 19-5-1143. Social Innovation Fund
§ 19-5-1144. Accountability Court Fund
§ 19-5-1145. Arkansas Healthcare Transparency Initiative Fund
§ 19-5-1146. Arkansas Works Program Trust Fund
§ 19-5-1147. Gold Star Family Memorial Monument Fund
§ 19-5-1148. Used Tire Recycling Fund
§ 19-5-1149. National Statuary Hall Collection Trust Fund
§ 19-5-1150. Arkansas Major Historic Rehabilitation Trust Fund
§ 19-5-1152. Arkansas Public Safety Trust Fund
§ 19-5-1153. Arkansas Firefighter Cancer Relief Network Trust Fund
§ 19-5-1154. Rural Broadband I.D. Expenses Trust Fund — Creation — Purpose — Definitions