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Arkansas Code of 1987 (2023)
Title 19 - PUBLIC FINANCE (§§ 19-1-201 — 19)
Chapter 5 - REVENUE STABILIZATION LAW (§§ 19-5-101 — 19-5-1286)
Subchapter 9 - TRUST FUNDS (§§ 19-5-901 — 19-5-999)
Section 19-5-918 - Arkansas State Highway Employees' Retirement System Fund
Universal Citation:
AR Code § 19-5-918 (2023)
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- (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 trust fund to be known as the "Arkansas State Highway Employees' Retirement System Fund".
- (b) The fund shall consist of trust funds as provided by law.
- (c) The fund shall be used for:
- (1) The payment of retirement and disability benefits to members of the Arkansas State Highway Employees' Retirement System;
- (2) Refunds to members of the system;
- (3) Investment purposes; and
- (4) Such other purposes as may be authorized by law.
Acts 1973, No. 750, § 8; A.S.A. 1947, § 13-531.
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