The State Highway Commission is further authorized to invest portions of the proceeds from the sale of such bonds as in its judgment may not be required for immediate use in direct general obligations of the United States or of the State of Arkansas.
Ark. Code Ann. § 27-88-110
Investment of proceeds from sale
Acts 1953, No. 104, § 5; 1957, No. 15, § 2; A.S.A. 1947, § 76-621.
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.