Ark. Code § 19-3-603

Current with legislation from 2024 Fiscal and Special Sessions.

Section 19-3-603 - Authorized deposits

An entity listed below may deposit money to the State Treasury Money Management Trust for the purpose of investment:

(1) State agency's cash funds as defined in § 19-4-801;

(2) Local governments:

(A) Any city, county, school district, or community college district of this state; and

(B) Any department, instrumentality, or agency of these entities;

(3) The Treasurer of State may invest in the State Treasury Money Management Trust to the extent State Treasury funds are not being utilized for certificates of deposit under the State Treasury Certificate of Deposit Investment Program or for trust certificates of deposit pursuant to the State Treasury Management Law, § 19-3-501 et seq.; and

(4) The Auditor of State may invest funds subject to the unclaimed property provisions of the Unclaimed Property Act, § 18-28-201 et seq., in the State Treasury Money Management Trust.

Ark. Code § 19-3-603

Amended by Act 2019, No. 325,§ 3, eff. 3/6/2019.

Amended by Act 2017, No. 296,§ 1, eff. 2/28/2017.

Acts 1997, No. 1179, § 4.