Arkansas Statutes
§ 19-5-1275 — Philanthropic Investment in Arkansas Kids Academic Accountability 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 miscellaneous fund to be known as the "Philanthropic Investment in Arkansas Kids Academic Accountability Fund".
(b)The fund shall consist of:
(1)Moneys obtained from private or public grants, gifts, or donations that are designated to be credited to the fund; and (2) Any other funds authorized or provided by law.
(c)The fund shall be used by the Division of Elementary and Secondary Education to create and maintain the Philanthropic Investment in Arkansas Kids Program under the Philanthropic Investment in Arkansas Kids Program Act, § 6-18-2301 et seq.
(d)Moneys remaining in the fund at the end of each fiscal year shall carry forward and be made available for the
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Legislative History
Added by Act 2021, No. 904,§ 2, eff. 7/28/2021.
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