19-5-927. State Forestry Trust Fund.

Arkansas Code — all titles (historical 2020) · legal_authorities

19-5-927. State Forestry Trust Fund.

19-5-927. State Forestry Trust Fund. (a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the “State Forestry Trust Fund”. (b) The fund shall consist of: (1) Income derived from management of state forests by the Arkansas Forestry Commission to the extent this income is not needed to fund the general operations of the commission; and (2) Income derived from management of state nurseries by the commission to the extent this income is not needed to fund the general operations of the commission. (c) The fund shall be used for: (1) The management and improvement of state forests; (2) Acquisition of state forests; (3) The purchase of fire fighting equipment and other forest fire suppression activities; (4) Improvements at commission's nurseries and the seedling storage and distribution system; and (5) Such other purposes as may be authorized by law.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-5-927

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.