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19-5-955. Special Needs Trust Revolving Fund.

Arkansas Code — all titles (historical 2020) · legal_authorities

19-5-955. Special Needs Trust Revolving Fund.

19-5-955. Special Needs Trust Revolving 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 fund to be known as the “Special Needs Trust Revolving Fund”. (b) The fund shall consist of all moneys received from individuals who establish or maintain eligibility for benefits under a medical assistance program, but possess income or resources in excess of established federal eligibility requirements, and moneys received from any other source and interest income, there to be used for implementing the provisions of § 20-77-701 et seq.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-5-955

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.

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Record provenance

Stable record: arkansas_code:legal_authorities:19-5-955
Source file: gov.ar.code.title.19.odt
Pages: Not recorded – Not recorded
Passage SHA-256: a6ed68ca5eee7c78404a6b2018549c84d804076f1da64162bdf319cc8df0e64e

Source location: content.xml paragraph 6929

Stored source content

19-5-955. Special Needs Trust Revolving 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 fund to be known as the “Special Needs Trust Revolving Fund”. (b) The fund shall consist of all moneys received from individuals who establish or maintain eligibility for benefits under a medical assistance program, but possess income or resources in excess of established federal eligibility requirements, and moneys received from any other source and interest income, there to be used for implementing the provisions of § 20-77-701 et seq.

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Arkansas Code — all titles (historical 2020) · legal_authorities

20-77-701. Legislative intent.

20-77-701. Legislative intent. It is the intent of the General Assembly to provide a method of assisting those persons within the state who as a result of personal injury, disability, or other medical condition are in need of supplemental benefits to improve or maintain reasonable quality-of-life standards. To this end, it is the further intent of the General Assembly to provide benefits in the amount of expenses actually incurred to satisfy those special needs. Furthermore, the cotrustees of the Special Needs Trust Revolving Fund shall have, in addition to those powers and duties set forth in this subchapter, all powers and duties authorized, imposed, or conferred by law upon cotrustees of the fund.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 20-77-701

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. The source passage cites 20-77-701. This identifies an authority to review, not proof of applicability.