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Arkansas · Snapshot open-us-law v2026.08, retrieved 2026-09-17

Ark. Code Ann. § 23-18-1205: Rural Broadband I.D. Expenses Trust Fund Grant Program - Investment of funds

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Where this section sits in the code
  1. AR Code
  2. Title 23
  3. Chapter 18
  4. Subchapter 12

(a) (1) The Treasurer of State shall invest the moneys available in the Rural Broadband I.D. Expenses Trust Fund. (2) The investment of funds under this section is exempt from § 19-3-518(a)(2)(B)(i) (b) and (c) . (b) Moneys in the Rural Broadband I.D. Expenses Trust Fund may be invested in any instrument that is: (1) Listed in § 19-3-518(b)(1)(B) ; and (2) Approved under the guidelines established by the State Treasury investment policy approved by the State Board of Finance. (c) Assuming reauthorization of the Rural Broadband I.D. Expenses Trust Fund by the General Assembly, moneys remaining in the Rural Broadband I.D. Expenses Trust Fund at the end of each fiscal year shall carry forward and be made available for the purposes stated in this section in the next fiscal year. Added by Act 2023, No. 875,§ 28, eff. 7/1/2023.

(a) (1) The Treasurer of State shall invest the moneys available in the Rural Broadband I.D. Expenses Trust Fund. (2) The investment of funds under this section is exempt from § 19-3-518(a)(2)(B)(i) (b) and (c) .

(1) The Treasurer of State shall invest the moneys available in the Rural Broadband I.D. Expenses Trust Fund.

(2) The investment of funds under this section is exempt from § 19-3-518(a)(2)(B)(i) (b) and (c) .

(b) Moneys in the Rural Broadband I.D. Expenses Trust Fund may be invested in any instrument that is: (1) Listed in § 19-3-518(b)(1)(B) ; and (2) Approved under the guidelines established by the State Treasury investment policy approved by the State Board of Finance.

(1) Listed in § 19-3-518(b)(1)(B) ; and

(2) Approved under the guidelines established by the State Treasury investment policy approved by the State Board of Finance.

(c) Assuming reauthorization of the Rural Broadband I.D. Expenses Trust Fund by the General Assembly, moneys remaining in the Rural Broadband I.D. Expenses Trust Fund at the end of each fiscal year shall carry forward and be made available for the purposes stated in this section in the next fiscal year.

Collected 2026-09-17T21:35:43Z. Source file · JSON

Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License

Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source

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