(a) Any municipality or any board, commission, or other authority established by ordinance of any 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 municipality or the board of trustees of any retirement system created by the General Assembly may, in its discretion, invest any of its funds not immediately needed for its purposes in bonds issued under the provisions of this subchapter.
(b) Bonds issued under the provisions of this subchapter shall be eligible to secure the deposit of public funds.
Structure Arkansas Code
Chapter 6 - Disposal of Solid Wastes and Other Refuse
Subchapter 8 - Bonds by Regional Solid Waste Management Districts
§ 8-6-803. Pledge of rents, fees, and charges
§ 8-6-804. Bonds — Issuance, execution, and sale
§ 8-6-805. Bonds — Trust indenture
§ 8-6-807. Bonds — Liability — Payment and security
§ 8-6-808. Refunding bonds — Issuance
§ 8-6-809. Pledge of rates, fees, and charges
§ 8-6-810. Rights of bondholders
§ 8-6-811. Bonds — Tax exemption
§ 8-6-812. Tax-exempt status of property and income of district
§ 8-6-813. Investment of public funds in bonds
§ 8-6-814. Transfer of facilities to district by county or municipality