Arkansas Code § 24-4-211

Disposition of funds returned to hospitals withdrawing from system
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Any hospital excluding its employees from the Arkansas Public Employees' Retirement System and receiving a return of any funds as provided in § 24-4-302(3) shall immediately invest the funds in a retirement system or plan for the employees of the hospital. Acts 1971, No. 303, § 2; A.S.A. 1947, § 12-2506.1.
Any hospital excluding its employees from the Arkansas Public Employees' Retirement System and receiving a return of any funds as provided in § 24-4-302(3) shall immediately invest the funds in a retirement system or plan for the employees of the hospital. Acts 1971, No. 303, § 2; A.S.A. 1947, § 12-2506.1.
Any hospital excluding its employees from the Arkansas Public Employees' Retirement System and receiving a return of any funds as provided in § 24-4-302(3) shall immediately invest the funds in a retirement system or plan for the employees of the hospital. Acts 1971, No. 303, § 2; A.S.A. 1947, § 12-2506.1.
Any hospital excluding its employees from the Arkansas Public Employees' Retirement System and receiving a return of any funds as provided in § 24-4-302(3) shall immediately invest the funds in a retirement system or plan for the employees of the hospital.
Acts 1971, No. 303, § 2; A.S.A. 1947, § 12-2506.1.

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