Arkansas § 21-2-809 Future enrollment - State of Arkansas and higher education entity

Arkansas Statutes

§ 21-2-809 — Future enrollment - State of Arkansas and higher education entity

(a)The Arkansas Self-Funded Cyber Response Program shall be open to the State of Arkansas or a higher education entity to join at any time.

(b)Beginning on the date that the State of Arkansas or a higher education entity joins the program, the Arkansas Cyber Response Board, with the assistance of the Insurance Commissioner, shall prepare a billing certification to be remitted to the:

(1)Department of Finance and Administration; and (2) Chief Fiscal Officer of the State.

(c)(1) Upon receipt of the billing certification, the Secretary of the Department of Finance and Administration shall pay the billing certification from funds specifically appropriated for the billing certification by the General Assembly or from other funds available to pay for the billing certification.

(2)Funds appr

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(a) The Arkansas Self-Funded Cyber Response Program shall be open to the State of Arkansas or a higher education entity to join at any time. (b) Beginning on the date that the State of Arkansas or a higher education entity joins the program, the Arkansas Cyber Response Board, with the assistance of the Insurance Commissioner, shall prepare a billing certification to be remitted to the: (1) Department of Finance and Administration; and (2) Chief Fiscal Officer of the State. (c) (1) Upon receipt of the billing certification, the Secretary of the Department of Finance and Administration shall pay the billing certification from funds specifically appropriated for the billing certification by the General Assembly or from other funds available to pay for the billing certification. (2) Funds appropriated for premiums for program coverage, or funds otherwise made available for this purpose, shall not be subject to reduction as a result of any shortfall of projected revenues. (d) Upon receipt of the funds under this section, the commissioner shall deposit the funds into the Arkansas Self-Funded Cyber Response Program Trust Fund.

Arkansas § 21-2-809 (Future enrollment - State of Arkansas and higher education entity) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.