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109.00.4-XIII. OTHER.

AR ADC 109.00.4-XIIIArkansas Administrative Code

West's Arkansas Administrative Code
Title 109. Development Finance Authority
Division 00.
Rule 4. Investment Policy - General Fund
Ark. Admin. Code 109.00.4-XIII
109.00.4-XIII. OTHER.
Currentness
Transfers of assets representing the residual value of bond issues are precluded from the criteria outlined in this policy.
The Investment Committee of the Board of Directors has the authority to authorize transactions that do not adhere to this policy by a majority vote. This authorization should be documented in writing within the minutes of the committee meeting.
Adopted by the Board of Directors of the Arkansas Development Finance Authority this 21ST day of March 2002.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 109.00.4-XIII, AR ADC 109.00.4-XIII
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