State Codes and Statutes

Statutes > Arkansas > Title-19 > Chapter-5 > Subchapter-9 > 19-5-954

19-5-954. Fidelity Bond Trust Fund.

(a) There is hereby established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Fidelity Bond Trust Fund.

(b) This fund shall consist of bond premiums collected under 21-2-701 et seq., there to be administered and disbursed by the Governmental Bonding Board for the use and benefit of participating governmental entities for bond claims and board expenses.

State Codes and Statutes

Statutes > Arkansas > Title-19 > Chapter-5 > Subchapter-9 > 19-5-954

19-5-954. Fidelity Bond Trust Fund.

(a) There is hereby established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Fidelity Bond Trust Fund.

(b) This fund shall consist of bond premiums collected under 21-2-701 et seq., there to be administered and disbursed by the Governmental Bonding Board for the use and benefit of participating governmental entities for bond claims and board expenses.