(a) A state investment shall be made in the sole interest of the beneficiary state taxpayer. (b) The Treasurer of State's evaluation of an investment shall be based only on pecuniary factors. (c) A public entity shall not invest cash funds with a financial services provider if the financial services provider is listed on the Treasurer of State's website under § 25-1-1002 . Added by Act 2023, No. 411,§ 1, eff. 8/1/2023. (a) A state investment shall be made in the sole interest of the beneficiary state taxpayer. (b) The Treasurer of State's evaluation of an investment shall be based only on pecuniary factors. (c) A public entity shall not invest cash funds with a financial services provider if the financial services provider is listed on the Treasurer of State's website under § 25-1-1002 . Added by Act 2023, No. 411,§ 1, eff. 8/1/2023. (a) A state investment shall be made in the sole interest of the beneficiary state taxpayer. (b) The Treasurer of State's evaluation of an investment shall be based only on pecuniary factors. (c) A public entity shall not invest cash funds with a financial services provider if the financial services provider is listed on the Treasurer of State's website under § 25-1-1002 . Added by Act 2023, No. 411,§ 1, eff. 8/1/2023. (a) A state investment shall be made in the sole interest of the beneficiary state taxpayer. (b) The Treasurer of State's evaluation of an investment shall be based only on pecuniary factors. (c) A public entity shall not invest cash funds with a financial services provider if the financial services provider is listed on the Treasurer of State's website under § 25-1-1002 .
‹ 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.