19 CAR § 12-301 – Authority

(a) The State Treasury Money Management Trust Act, Arkansas Code § 19-3-601 et seq., directs the State Treasury to:
1. (1) Administer the State Treasury Money Management Trust; and
2. (2) Establish policies and rules to guide daily operations of the trust.
(b) Those policies and rules are to be reviewed and approved by the State Board of Finance.
(c) The Treasurer of State, pursuant to Arkansas Code § 19-3-604(f), may assess reasonable charges for management and expenses of the trust.