Statutes > Arkansas Statutes > Title 24 - Retirement And Pensions > Chapter 7 - Retirement of Employees of Schools and Educational Institutions > Subchapter 13 - Teacher Deferred Retirement Option Plan > § 24-7-1312 - Federal taxation.

§ 24-7-1312 - Federal taxation.

24-7-1312. Federal taxation.

(a) The Teacher Deferred Retirement Option Plan of the Arkansas Teacher Retirement System is intended to operate in accordance with Section 415 and other applicable sections of the Internal Revenue Code.

(b) Any provision of the plan that is found to be in conflict with an applicable provision of the Internal Revenue Code is hereby declared null and void.