Arkansas Statutes
§ 19-5-1143 — Social Innovation Fund
Arkansas·Title 19
(a)There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the "Social Innovation Fund".
(b)The fund shall consist of:
(1)Any loans, investments, or other amounts received by the Department of Community Correction under the Pay-for-Success Act, § 12-27-201 et seq.;
(2)Grants made by any person or federal government agency; and (3) Any other funds authorized or provided by law.
(c)The fund shall be used by the department to make any payments required under the Pay-for-Success Act, § 12-27-201 et seq.
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Legislative History
Added by Act 2015, No. 895,§ 42, eff. 4/1/2015.
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