19 CAR § 11-301 – Introduction

(a) The investment of State of Arkansas funds is a function performed by the Treasurer of State under the advice of the State Board of Finance.
(b) This policy has been developed in recognition of the fiduciary responsibility of the board and the Treasurer of State to the people of Arkansas.
(c) The investment of funds is the responsibility of the Treasurer of State.
(d) The intent of this policy is to establish guidelines and procedures for investment.