(a) All moneys held at any time in the State Board of Health Laboratory Revenue Fund and the State Board of Health Public Health Laboratory Construction Fund shall be invested and reinvested to the extent feasible, as directed by the Secretary of the Department of Health.
(b) All moneys held in the State Board of Health Laboratory Revenue Loan Fund shall be invested and reinvested to the extent feasible, as directed by the Arkansas Development Finance Authority, in securities which are eligible for the securing of public deposits under § 19-8-203, subject in all cases to the term of the loan and of bonds issued by the authority.
Structure Arkansas Code
Title 20 - Public Health and Welfare
Subtitle 2 - Health and Safety
Chapter 7 - State Board of Health — Department of Health
Subchapter 4 - Department of Health Public Health Laboratory Act of 2003
§ 20-7-404. Approval of construction
§ 20-7-405. Financing of construction and renovation
§ 20-7-406. Security for indebtedness
§ 20-7-408. Disposition of certain fees
§ 20-7-409. State Board of Health Public Health Laboratory Construction Fund
§ 20-7-410. Investment of funds