§ 19-5-941 - Arkansas Science and Technology Authority Endowment Fund. [Repealed effective July 1, 2010.]

19-5-941. Arkansas Science and Technology Authority Endowment Fund. [Repealed effective July 1, 2010.]

(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 Science and Technology Authority Endowment Fund.

(b) This fund shall consist of any state appropriations specifically so designated, unrestricted appropriations, gifts, grants, and donations.

(c) Only the income from this fund may be used to support the activities of the Arkansas Science and Technology Authority.