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2010 Arkansas Code
Title 6 - Education
Subtitle 2 - Elementary And Secondary Education Generally
Chapter 20 - Finances
Subchapter 15 - Insurance Act
§ 6-20-1514 - Investments.

6-20-1514. Investments.

(a) The State Insurance Department is authorized to invest funds of the Public Elementary and Secondary School Insurance Program.

(b) Funds of the program may be invested and reinvested as the Insurance Commissioner may determine.

(c) Moneys invested and interest earned thereon shall be administered as program funds.

(d) Moneys deposited to the program shall not be subject to any deduction, tax, levy, or any other type of assessment.

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