Arkansas § 19-11-1301 Definition

Arkansas Statutes

§ 19-11-1301 — Definition

Arkansas § 19-11-1301

Title19

This text of Arkansas § 19-11-1301 (Definition) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 19-11-1301 (2026).

Text

As used in this subchapter, "partial equity ownership agreement" means an agreement with a legal entity, including without limitation a partnership, a limited partnership, a limited liability company, or similar legal entity that:

(1)Includes a state retirement system as a partner, a limited partner, or a partial owner;

(2)Creates an equity interest or ownership position for the state retirement system; and (3) Utilizes retirement trust funds that are not appropriated by the General Assembly.

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As used in this subchapter, "partial equity ownership agreement" means an agreement with a legal entity, including without limitation a partnership, a limited partnership, a limited liability company, or similar legal entity that: (1) Includes a state retirement system as a partner, a limited partner, or a partial owner; (2) Creates an equity interest or ownership position for the state retirement system; and (3) Utilizes retirement trust funds that are not appropriated by the General Assembly.