(a) All assets of the Arkansas Teacher Retirement System shall constitute a single trust fund, and the Board of Trustees of the Arkansas Teacher Retirement System shall be the trustees of the fund.
(b)
(1) The custodian of system assets shall be the Treasurer of State or other financial institutions or depositories as allowed under this subchapter.
(2) When acting as custodian of system assets, the Treasurer of State shall act in accordance with the instructions of the board.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 7 - Retirement of Employees of Schools and Educational Institutions
Subchapter 4 - Arkansas Teacher Retirement System — Funds and Management of Assets
§ 24-7-401. Fund contributions — Fund rates
§ 24-7-402. Assets as trust fund — Custodian
§ 24-7-403. Restrictions on use of assets
§ 24-7-404. Default where issuer receives money from State of Arkansas
§ 24-7-405. Retirement fund assets accounts generally
§ 24-7-406. Retirement fund assets accounts — Members' deposit account — Contributions
§ 24-7-407. Retirement fund assets accounts — Employer accumulation account
§ 24-7-408. Retirement fund assets accounts — Retirement reserve account
§ 24-7-409. Retirement fund assets accounts — Survivor benefit account
§ 24-7-410. Retirement fund assets accounts — Income-expense account