Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Subchapter 1 - General Provisions
§ 19-8-101. Definitions - (a) “Bank” or “banking institution” means any state bank, national...
§ 19-8-102. Legal funds - The legal funds referred to in §§ 19-8-101 — 19-8-107...
§ 19-8-103. Penalties - (a) It is a felony, punishable by fine of not...
§ 19-8-104. Investment of public funds - (a) Except as provided in subsection (b) of this section,...
§ 19-8-105. Annual list of eligible banks - (a) Annually, on December 1, the Bank Commissioner shall furnish...
§ 19-8-106. Depository boards - (a) (1) The quorum court of each of the several...
§ 19-8-107. Depository agreements - (a) (1) After the receipt from the Bank Commissioner of...
§ 19-8-108. Mortgages and securities as security - Whenever securities must be furnished by any depository in the...
§ 19-8-109. Housing agency bonds as security - All banks which are by law authorized to accept deposits...
§ 19-8-110. Farm credit obligations as security - It shall be lawful for any person, firm, or corporation...
§ 19-8-111. Additional authority for investment of public funds — Definition - (a) Notwithstanding any law to the contrary, including §§ 19-8-103...
Subchapter 2 - Securities for Deposits
§ 19-8-201. Legislative intent and construction - The law specifying what securities may be accepted as security...
§ 19-8-202. Definition - As used in this subchapter, “public funds” means, but shall...
§ 19-8-203. Eligible security for deposits - (a) Whenever, pursuant to any statute of the state, any...
Subchapter 3 - Local Government Joint Investment Trust Act
§ 19-8-301. Title - This subchapter may be cited as the “Local Government Joint...
§ 19-8-302. Purpose - The purpose of this subchapter is to permit local governments...
§ 19-8-303. Definitions - For purposes of this subchapter: (1) “Local government” shall mean:...
§ 19-8-304. Creation of trusts - (a) Ten (10) or more local governments may create a...
§ 19-8-305. Terms of trust agreement - (a) Each trust agreement shall specify the following: (1) Its...
§ 19-8-306. Filing of trust agreement and supplements thereto - No trust agreement or supplement to a trust agreement shall...
§ 19-8-307. Common trust funds — Individual investment accounts - (a) Each trust created pursuant to this subchapter shall establish...
§ 19-8-308. Authorized common trust fund investments - A trust created under this subchapter may invest moneys held...
§ 19-8-309. Power to own property and contract - (a) A trust created under this subchapter shall, subject to...
§ 19-8-310. Records - (a) Each trust shall cause proper books of account and...
§ 19-8-311. Direct deposits by State of Arkansas into local government cash management trust account - (a) Notwithstanding any other provision of law, the following funds...