Arkansas Statutes

§ 6-21-710 — Public School Insurance Trust Fund - Investments

Arkansas § 6-21-710

This text of Arkansas § 6-21-710 (Public School Insurance Trust Fund - 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. § 6-21-710 (2026).

Text

(a)All funds received by the State Insurance Department as premiums, adjustments, earnings, and the like, as provided in this subchapter, shall be deposited into the Public School Insurance Trust Fund and used for the following purposes, listed in a descending order of priority:
(1)To defray administrative costs;
(2)To pay claims; and (3) To maintain the Public School Insurance Trust Fund.
(b)(1) The department is authorized to invest funds of the Public School Motor Vehicle Insurance Program.
(2)Funds of the program may be invested and reinvested as the Insurance Commissioner may determine.
(3)Moneys invested and interest earned thereon shall be administered as program funds.
(4)All moneys deposited into the Public School Insurance Trust Fund shall not be subject to any deduction,

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Legislative History

Acts 1991, No. 824, §§ 13, 16; 2003 (2nd Ex. Sess.), No. 78, § 24; 2007, No. 738, § 6.

Nearby Sections

15
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Bluebook (online)
Arkansas § 6-21-710, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/6-21-710.