State Codes and Statutes

Statutes > Arkansas > Title-24 > Chapter-4 > Subchapter-2 > 24-4-211

24-4-211. Disposition of funds returned to hospitals withdrawing from system.

Any hospital excluding its employees from the Arkansas Public Employees' Retirement System and receiving a return of any funds as provided in 24-4-302(3) shall immediately invest the funds in a retirement system or plan for the employees of the hospital.

State Codes and Statutes

Statutes > Arkansas > Title-24 > Chapter-4 > Subchapter-2 > 24-4-211

24-4-211. Disposition of funds returned to hospitals withdrawing from system.

Any hospital excluding its employees from the Arkansas Public Employees' Retirement System and receiving a return of any funds as provided in 24-4-302(3) shall immediately invest the funds in a retirement system or plan for the employees of the hospital.