{"data":{"id":"us-ar/ark.-code-ann.-19-3-509","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 19-3-509","heading":"Maximum amount of deposits and investments - Protection of State Treasury funds","body":"(a) The maximum amount of moneys and securities from the State Treasury held by a bank depository shall not exceed an amount equal to the total amount of the capital base of the bank depository. (b) An investment depository and a securities broker shall provide the Treasurer of State and State Board of Finance proof of: (1) Securities investor protection coverage for each investment of State Treasury funds; and (2) Compliance with fidelity bond requirements of the United States Securities and Exchange Commission. Amended by Act 2013, No. 1088,§ 2, eff. 8/16/2013. Acts 1997, No. 847, § 1.\n\n(a) The maximum amount of moneys and securities from the State Treasury held by a bank depository shall not exceed an amount equal to the total amount of the capital base of the bank depository.\n\n(b) An investment depository and a securities broker shall provide the Treasurer of State and State Board of Finance proof of: (1) Securities investor protection coverage for each investment of State Treasury funds; and (2) Compliance with fidelity bond requirements of the United States Securities and Exchange Commission.\n\n(1) Securities investor protection coverage for each investment of State Treasury funds; and\n\n(2) Compliance with fidelity bond requirements of the United States Securities and Exchange Commission.","path":["AR Code","Title 19","Chapter 3","Subchapter 5"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"2707f06bb849d926d5b8c144e9c37a7938a501389ca7ca5d961ae8bea0f34bcd","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-19-3-508","next":"us-ar/ark.-code-ann.-19-3-510"},"notice":"GroundRules: Original legal text. Not legal advice."}