Retrospective review of partial equity ownership agreement to ensure disclosure

  1. Law
  2. Arkansas Code
  3. Public Finance
  4. Purchasing and Contracts
  5. Partial Equity Ownership Agreement Executed by a State Retirement System
  6. Retrospective review of partial equity ownership agreement to ensure disclosure

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  1. (a) Before April 7, 2009, if a state retirement system has entered into a partial equity ownership agreement that has not been submitted previously for review under § 19-11-101 et seq., the Arkansas Procurement Law, § 19-11-201 et seq., or § 19-11-801 et seq., then the partial equity ownership agreement shall be reviewed retrospectively under this section.

  2. (b) The board of trustees of a state retirement system shall submit information that the Office of State Procurement or the Legislative Council may reasonably require to allow a retrospective review of a partial equity ownership agreement under this section.


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