Arkansas Statutes

§ 21-5-509 — Exclusive benefit

Arkansas § 21-5-509

This text of Arkansas § 21-5-509 (Exclusive benefit) 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. § 21-5-509 (2026).

Text

All amounts of compensation deferred pursuant to a deferred compensation program, all property and rights purchased with such amounts, and income attributed to such amounts, property, and rights shall be held in one (1) or more annuity contracts, custodial accounts, or in trust for the exclusive benefit of the employees and their beneficiaries participating in such a program.

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Legislative History

Acts 1975, No. 669, § 8; A.S.A. 1947, § 12-1625; Acts 2001, No. 1596, § 4.

Nearby Sections

15
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Bluebook (online)
Arkansas § 21-5-509, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/21-5-509.