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Section 24-1-101 - Assets and income for retirement systems — Arkansas Law | CourtGPT
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  4. Title 24 - Retirement and Pensions (§§ 24-1-101 — 24-12-204)/
  5. Subchapter 1 - General Provisions (§§ 24-1-101 — 24-1-108)/
  6. Subchapter 1 - General Provisions/
  7. Section 24-1-101 - Assets and income for retirement systems
Arkansas Legal Code

Section 24-1-101 - Assets and income for retirement systems

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All assets and income of any state-supported retirement system administered by an agency of the State of Arkansas shall be held, invested, or disbursed for the exclusive purpose of providing for benefits, investment management, and administrative expenses, including the acquisition of a building for the permanent offices of the state-supported retirement systems, and shall not be encumbered for or diverted to any other purposes.Acts 1995, No. 613, § 1.