Arkansas Statutes
§ 25-1-1007 — Exemption from divestment for certain investments
Arkansas § 25-1-1007
JurisdictionArkansas
Title25
This text of Arkansas § 25-1-1007 (Exemption from divestment for certain investments) 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. § 25-1-1007 (2026).
Text
If an investment is subject to divestment under this subchapter but is locked into a maturity date and an early divestment would result in a financial penalty and cause a negative financial impact to the state, then the investment is exempt from divestiture under this subchapter in order to prevent financial harm to the state and ensure that the fiduciary duty for the state is met.
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Legislative History
Amended by Act 2023, No. 760,§ 2, eff. 8/1/2023. Added by Act 2023, No. 411,§ 1, eff. 8/1/2023.
Nearby Sections
15
§ 25-1-1001
Definitions§ 25-1-1002
List of financial services providers§ 25-1-1003
Divestment of public funds§ 25-1-1004
Investment of public funds§ 25-1-1005
Sources of information§ 25-1-1006
ESG Oversight Committee§ 25-1-102
§ 25-1-102§ 25-1-107
Guidelines for advisory bodies§ 25-1-108
Report§ 25-1-109
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Bluebook (online)
Arkansas § 25-1-1007, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/25-1-1007.