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2010 Arkansas Code
Title 6 - Education
Subtitle 2 - Elementary And Secondary Education Generally
Chapter 20 - Finances
Subchapter 15 - Insurance Act
§ 6-20-1512 - Disposition of funds.

6-20-1512. Disposition of funds.

All funds received by the State Insurance Department as premiums, adjustments, earnings, and the like, as provided in this subchapter, shall be deposited into the Public School Insurance Trust Fund and used for the following purposes, listed in a descending order of priority:

(1) To defray administrative costs;

(2) To pay claims; and

(3) To maintain the Public School Insurance Trust Fund.

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