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Section 24-2-605 - Investment authority and limitations - Fidelity bonds — Arkansas Law | CourtGPT
  1. Home/
  2. Laws/
  3. Arkansas/
  4. Title 24 - Retirement and Pensions (§§ 24-1-101 — 24-12-204)/
  5. Subchapter 2 - Investments (§§ 24-2-201 — 24-2-207)/
  6. Subchapter 6 - State Retirement Systems Investments/
  7. Section 24-2-605 - Investment authority and limitations - Fidelity bonds
Arkansas Legal Code

Section 24-2-605 - Investment authority and limitations - Fidelity bonds

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(a) The boards of trustees of the respective retirement systems shall provide for a blanket fidelity bond of one million dollars ($1,000,000) covering the employees of the systems or such others as may be responsible for administering the funds.(b) The boards may pay the premiums for the bond from funds of the systems.Acts 2001, No. 151, § 8.

(a) The boards of trustees of the respective retirement systems shall provide for a blanket fidelity bond of one million dollars ($1,000,000) covering the employees of the systems or such others as may be responsible for administering the funds.(b) The boards may pay the premiums for the bond from funds of the systems.Acts 2001, No. 151, § 8.