As used in this subchapter, 'public funds' means, but shall not be limited to, funds of:(1) The State of Arkansas, or any agency, department, board, commission, or instrumentality thereof;(2) Any political subdivision of the State of Arkansas, or any agency thereof;(3) Any school board or school district;(4) Any improvement or other taxing or assessing district;(5) Any public corporation or authority created by or recognized by the State of Arkansas, or any political subdivision thereof; and(6) A receiver appointed under § 14-62-104.Amended by Act 2017, No. 712,§ 7, eff. 8/1/2017.Acts 1975, No. 373, § 2; A.S.A. 1947, § 13-810.
Arkansas Legal Code