(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. Acts 1973, No. 427, § 7; 1975, No. 381, § 2; 1975, No. 839, § 2; 1977, No. 793, § 11; A.S.A. 1947, § 80-1441; Acts 2009, No. 468, § 6. (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. Acts 1973, No. 427, § 7; 1975, No. 381, § 2; 1975, No. 839, § 2; 1977, No. 793, § 11; A.S.A. 1947, § 80-1441; Acts 2009, No. 468, § 6. (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. Acts 1973, No. 427, § 7; 1975, No. 381, § 2; 1975, No. 839, § 2; 1977, No. 793, § 11; A.S.A. 1947, § 80-1441; Acts 2009, No. 468, § 6. (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. (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. Acts 1973, No. 427, § 7; 1975, No. 381, § 2; 1975, No. 839, § 2; 1977, No. 793, § 11; A.S.A. 1947, § 80-1441; Acts 2009, No. 468, § 6.
‹ Prev All Arkansas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.