§ 19-1-503 - Construction. - Arkansas Statutes

19-1-503. Construction.

(a) Nothing in this subchapter shall be construed to affect the power of counties, municipalities, improvement districts, and other public bodies to make deposits of funds in the form of certificates of deposit as authorized by law.

(b) The adoption of this subchapter shall not be construed to affect or impair the power of counties, municipalities, improvement districts, and other public bodies to make investments of funds in their possession or under their control as authorized by other laws.