Ark. Code Ann. § 19-5-940

Workers' Compensation Revolving Fund

Known as the Revenue Stabilization Law

The act spans §§ 19–19 (376 sections).

Acts 1973, No. 750, § 8; 1977, No. 924, § 3; 1979, No. 1013, § 7; A.S.A. 1947, §§ 13-531, 13-1407.3.

(1) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Workers’ Compensation Revolving Fund”.

(2) The Workers’ Compensation Revolving Fund shall consist of employer workers’ compensation benefits contributions made under § 19-5-806 and temporary loans from the Budget Stabilization Trust Fund received under § 19-5-808.

(3) These funds shall be used to pay workers' compensation benefits awarded to state employees by the Workers' Compensation Commission and for such other purposes as may be authorized by law.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.