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24-7-402. Assets as trust fund — Custodian.
Arkansas Code — all titles (historical 2020) · legal_authorities
24-7-402. Assets as trust fund — Custodian.
(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.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 24-7-402
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:24-7-402
Source file: gov.ar.code.title.24.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 8324fac0d0aa3dc9faa78a13bff1354ae51b1a9575d9f1dbc99bcb0923632715
Source location: content.xml paragraph 5833
Stored source content
24-7-402. Assets as trust fund — Custodian.
(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.
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