§ 19-5-1120 - Arkansas Biosciences Institute Program Account.
19-5-1120. Arkansas Biosciences Institute Program Account.
(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Arkansas Biosciences Institute Program Account.
(b) (1) This fund shall consist of those moneys transferred from the Tobacco Settlement Program Fund as provided in 19-12-108 and interest earnings.
(2) The fund shall be used for those purposes set out in 19-12-111.