Arkansas Statutes
§ 21-5-509 — Exclusive benefit
Arkansas § 21-5-509
JurisdictionArkansas
Title21
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
§ 21-1-101
Computation of length of service§ 21-1-102
Term of office of certain officers§ 21-1-103
Service recognition program§ 21-1-105
Employee benefit programs§ 21-1-201
Gender not a bar to holding office§ 21-1-207
Public employees§ 21-1-301
Title§ 21-1-302
Legislative intent§ 21-1-303
Definitions§ 21-1-305
§ 21-1-305Cite This Page — Counsel Stack
Bluebook (online)
Arkansas § 21-5-509, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/21-5-509.