Arkansas Statutes
§ 24-7-402 — Assets as trust fund - Custodian
Arkansas § 24-7-402
JurisdictionArkansas
Title24
This text of Arkansas § 24-7-402 (Assets as trust fund - Custodian) 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. § 24-7-402 (2026).
Text
(a)All assets of the Arkansas Teacher Retirement System shall constitute a single trust fund, and the Board of Trustees of the Arkansas Teacher Retirement System shall be the trustees of the fund.
(b)(1) The custodian of system assets shall be the Treasurer of State or other financial institutions or depositories as allowed under this subchapter.
(2)When acting as custodian of system assets, the Treasurer of State shall act in accordance with the instructions of the board.
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Related
Opinion No.
(Arkansas Attorney General Reports, 2011)
Legislative History
Acts 1973, No. 427, § 7; 1975, No. 381, § 2; 1975, No. 839, § 2; 1977, No. 793, § 11; A.S.A. 1947, § 80-1441; Acts 2009, No. 468, § 6.
Nearby Sections
15
§ 24-1-101
Assets and income for retirement systems§ 24-1-102
Annual valuation§ 24-1-103
Change of contribution rate§ 24-1-105
Liabilities exceeding thirty-year amortization period - Legislated benefit enhancement prohibited§ 24-1-106
Benefit enhancements§ 24-1-201
Declaration of policy§ 24-1-202
Definitions§ 24-1-203
Rules§ 24-1-206
Agents§ 24-1-207
Contributions - State employeesCite This Page — Counsel Stack
Bluebook (online)
Arkansas § 24-7-402, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/24-7-402.