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Ark. Code Ann. § 24-2-605

Investment authority and limitations — Fidelity bonds

Acts 2001, No. 151, § 8.

(1) The boards of trustees of the respective retirement systems shall provide for a blanket fidelity bond of one million dollars ($1,000,000) covering the employees of the systems or such others as may be responsible for administering the funds.

(2) The boards may pay the premiums for the bond from funds of the systems.

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.