Statutes > Arkansas Statutes > Title 19 - Public Finance > Chapter 3 - State Treasury Management > Subchapter 5 - State Treasury Management Law > § 19-3-509 - Maximum amount of deposits.

§ 19-3-509 - Maximum amount of deposits.

19-3-509. Maximum amount of deposits.

The maximum amount of State Treasury funds held in certificates of deposit of any depository and in demand deposit accounts together shall not exceed an amount equal to the total amount of the capital base of that depository.