§ 9-30-106 - Receipt of money. - Arkansas Statutes

9-30-106. Receipt of money.

(a) (1) The State Child Abuse and Neglect Prevention Board shall be the sole entity authorized to receive money from the federal government, other governments, persons, or any other entities for the Children's Trust Fund and the One Percent to Prevent Fund.

(2) The moneys received for the Children's Trust Fund and the One Percent to Prevent Fund are separate and shall be used only for the purposes provided in this chapter.

(b) (1) Regarding the Children's Trust Fund, the board shall not accept money or other assistance from the federal government or any other entity or person if the acceptance would obligate the State of Arkansas, except to the extent money is available in the Children's Trust Fund subject to the expenditure limitations prescribed by this chapter for the Children's Trust Fund; and

(2) All money except money from the federal government received in the manner described in this section shall be transmitted to the Treasurer of State for deposit into the Children's Trust Fund.

(c) Regarding the One Percent to Prevent Fund, the board shall not accept money or other assistance from the federal government or any other entity or person if the acceptance would obligate the State of Arkansas, except to the extent money is available in the One Percent to Prevent Fund.