Ark. Code § 21-5-509
Current with legislation from 2024 effective through May 3, 2024.
All amounts of compensation deferred pursuant to a deferred compensation program, all property and rights purchased with such amounts, and income attributed to such amounts, property, and rights shall be held in one (1) or more annuity contracts, custodial accounts, or in trust for the exclusive benefit of the employees and their beneficiaries participating in such a program.
Ark. Code § 21-5-509