Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 11-9-907 - Investment - Use of funds — Arkansas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Arkansas/
  4. Title 11 - Labor and Industrial Relations/
  5. Chapter 9 - Workers' Compensation Sub/
  6. Subchapter 9 - Workers' Compensation Private Sector Self-insurer Guaranty Funds/
  7. Section 11-9-907 - Investment - Use of funds
Arkansas Legal Code

Section 11-9-907 - Investment - Use of funds

Ask AI about this
The board of directors of each corporation shall direct the investment of moneys in each workers' compensation self-insurers guaranty fund, and all returns on the investments shall be retained in each fund. The moneys in each fund shall be used solely to compensate persons entitled to receive workers' compensation benefits from an Arkansas self-insurer which is unable to meet its workers' compensation benefits obligations and to defray the expenses of each fund.Acts 1991, No. 756, § 4; 1995, No. 825, § 7.