Arkansas § 6-20-906 Authority to purchase certificates

Arkansas Statutes

§ 6-20-906 — Authority to purchase certificates

Arkansas § 6-20-906

Title6

This text of Arkansas § 6-20-906 (Authority to purchase certificates) 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. § 6-20-906 (2026).

Text

(a)The Board of Trustees of the Arkansas Teacher Retirement System, hereinafter called the "Teacher Retirement Board", is authorized to purchase certificates issued under this subchapter.

(b)Payment may be effected in the State Treasury by charging the Teacher Retirement Fund with the purchase price and crediting the Revolving Loan Fund of the State Board of Education.

(c)Any certificate so purchased by the Teacher Retirement Board shall be delivered to the custodian of the Arkansas Teacher Retirement System.

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(a) The Board of Trustees of the Arkansas Teacher Retirement System, hereinafter called the "Teacher Retirement Board", is authorized to purchase certificates issued under this subchapter. (b) Payment may be effected in the State Treasury by charging the Teacher Retirement Fund with the purchase price and crediting the Revolving Loan Fund of the State Board of Education. (c) Any certificate so purchased by the Teacher Retirement Board shall be delivered to the custodian of the Arkansas Teacher Retirement System.