Arkansas Statutes
§ 19-5-1106 — State Insurance Department Prepaid Trust Fund
Arkansas·Title 19
(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 fund to be known as the "State Insurance Department Prepaid Trust Fund".
(b)(1) The State Insurance Department Prepaid Trust Fund shall consist of investment income, grants, refunds, gifts, and all license fees paid into the State Insurance Department Prepaid Trust Fund pursuant to the Arkansas Prepaid Funeral Benefits Law, § 23-40-101 et seq.
(2)The State Insurance Department Prepaid Trust Fund shall be used for the operations and improvements of the Division of Prepaid Funeral Benefits of the State Insurance Department, as administered by the Insurance Commissioner and the Treasurer of State as set out in § 23-40-107 .
(3)The State Insurance Department Pre
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Legislative History
Amended by Act 2023, No. 345,§ 1, eff. 8/1/2023. Acts 1999, No. 1463, § 19; 2003 (1st Ex. Sess.), No. 55, § 17.
Nearby Sections
15
§ 19-1-201
Chief Fiscal Officer of the State§ 19-1-202
Secretary§ 19-1-203
Deputy director§ 19-1-204
Personnel§ 19-1-205
Office§ 19-1-206
Seal§ 19-1-207
General accounting system§ 19-1-208
Rules§ 19-1-209
Publications required§ 19-1-210
Recordkeeping§ 19-1-211
Investigations§ 19-1-212
Duty to avoid deficit§ 19-1-213
Leasing of state property§ 19-1-214
Federal gifts and surplusage