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ARKANSAS STATUTES AND CODES

§ 19-5-1032 - Future Operations Reserve Fund.

19-5-1032. Future Operations Reserve Fund.

(a) There is 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 Future Operations Reserve Fund.

(b) This fund shall consist of such general revenues as may be provided by the Revenue Stabilization Law, 19-5-101 et seq., and such other funds provided by law.

(c) The Chief Fiscal Officer of the State shall transfer the balance of funds in the Future Operations Reserve Fund at the end of each month to the General Improvement Fund, there to be used as provided by law.

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