Ark. Code § 19-3-702

Current with legislation from 2024 Fiscal and Special Sessions.

Section 19-3-702 - Definitions

As used in this subchapter:

(1) "Bank depository", "investment depository", "securities broker", and "State Treasury" have the meanings provided in § 19-3-502; and

(2)

(A) "Direct financial interest" means the direct compensation or other remuneration to a person or a family member of a person that is attributable to an investment or a deposit of money or securities from the State Treasury.

(B) "Direct financial interest" does not include compensation from the investment or deposit of a person's own money or securities.

Ark. Code § 19-3-702

Added by Act 2013, No. 1088,§ 1, eff. 8/16/2013.