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21-5-509. Exclusive benefit.
Arkansas Code — all titles (historical 2020) · legal_authorities
21-5-509. Exclusive benefit.
All amounts of compensation deferred pursuant to a deferred compensation program, all property and rights purchased with such amounts, and income attributed to such amounts, property, and rights shall be held in one (1) or more annuity contracts, custodial accounts, or in trust for the exclusive benefit of the employees and their beneficiaries participating in such a program.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 21-5-509
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:21-5-509
Source file: gov.ar.code.title.21.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 7c59ff1740a6f5c7a7f09da500ae67d70f08f047611e2c87bb3b74eac733d198
Source location: content.xml paragraph 4128
Stored source content
21-5-509. Exclusive benefit.
All amounts of compensation deferred pursuant to a deferred compensation program, all property and rights purchased with such amounts, and income attributed to such amounts, property, and rights shall be held in one (1) or more annuity contracts, custodial accounts, or in trust for the exclusive benefit of the employees and their beneficiaries participating in such a program.
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