Arkansas Code
Title 19 - Public Finance
Chapter 3 - State Treasury Management

Subchapter 4 - Temporary Loans to Local Governments

§ 19-3-401. Legislative intent - The General Assembly recognizes that legislation considered by the First...

§ 19-3-402. Procedure for obtaining and repaying loans - (a) The State Board of Finance is authorized to make...

§ 19-3-403. Rules - The State Board of Finance may promulgate appropriate rules for...

Subchapter 5 - State Treasury Management Law

§ 19-3-501. Title - This subchapter shall be known and may be cited as...

§ 19-3-502. Definitions - As used in this subchapter: (1) “Bank” means: (A) A...

§ 19-3-503. State Treasury accounts - The Treasurer of State may create and rename accounts to...

§ 19-3-504. Record and report of financial transactions - (a) (1) (A) The State Board of Finance shall: (i)...

§ 19-3-505. Disposition of moneys received by Treasurer of State - (a) (1) The Treasurer of State shall issue receipts to...

§ 19-3-506. Custodian of moneys and securities — Internal controls — Annual audit - (a) (1) The Treasurer of State shall: (A) Be custodian...

§ 19-3-507. Bank depositories generally - (a) Subject to the conditions and limitations provided in §§...

§ 19-3-508. Deposits in ineligible institutions - (a) The Treasurer of State shall not deposit State Treasury...

§ 19-3-509. Maximum amount of deposits and investments — Protection of State Treasury funds - (a) The maximum amount of moneys and securities from the...

§ 19-3-510. Types of accounts for deposits - (a) (1) Funds from the State Treasury deposited into a...

§ 19-3-511. Term of deposit — Interest - (a) At a meeting called and held before the start...

§ 19-3-512. Estimate and investment of funds not needed for immediate cash requirements - (a) (1) No less than quarterly, the State Board of...

§ 19-3-513. Interest income on deposits - (a) Interest from time to time due by a bank...

§ 19-3-514. List of deposits - (a) (1) On or before the tenth day following the...

§ 19-3-515. Charges on deposits - (a) (1) The Treasurer of State, acting ministerially, may contract...

§ 19-3-516. Discontinuance as bank depository - (a) A bank depository that refuses to cash upon presentation...

§ 19-3-517. Effect of proper deposits - The deposit of State Treasury funds in accordance with §§...

§ 19-3-518. Investments in securities and bank certificates of deposit - (a) (1) Trust fund accounts in the State Treasury may...

§ 19-3-519. State Treasury Certificate of Deposit Investment Program — Definitions - (a) The policy of the State Board of Finance to...

§ 19-3-520. Minimum balance to be maintained - Since it is the intent of the General Assembly that...

§ 19-3-521. Securities Reserve Fund - (a) (1) In addition to the purposes for which the...

§ 19-3-522. Servicing state debt — Definition - (a) Unless otherwise specifically provided by law, the Secretary of...

§ 19-3-523. Purchase of bonds by Treasurer of State - (a) The Treasurer of State may purchase bonds from the...

Subchapter 6 - State Treasury Money Management Trust

§ 19-3-601. Title - This subchapter may be cited as the “State Treasury Money...

§ 19-3-602. Purpose - The purpose of this subchapter is to create the State...

§ 19-3-603. Authorized deposits - An entity listed below may deposit money to the State...

§ 19-3-604. Fund provisions - (a) The investment policy and all other policies, documents, rules,...

§ 19-3-605. Prudent investor rule - The Treasurer of State shall apply the prudent investor rule...

§ 19-3-606. Loan of securities - (a) In order to increase investment income with minimal risk,...

Subchapter 7 - State Board of Finance

§ 19-3-701. State Board of Finance — Creation — Members - (a) The State Board of Finance is created. (b) The...

§ 19-3-702. Definitions - As used in this subchapter: (1) “Bank depository”, “investment depository”,...

§ 19-3-703. Meetings — Quorum — Staff - (a) (1) Meetings of the State Board of Finance shall...

§ 19-3-704. Powers and duties - (a) In addition to any other function, power, or duty...

§ 19-3-705. Employees — Qualifications, ethical standards, and background checks - (a) An employee of the State Board of Finance or...