Definition

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As used in this subchapter, “public funds” means, but shall not be limited to, funds of:

  1. (1) The State of Arkansas, or any agency, department, board, commission, or instrumentality thereof;

  2. (2) Any political subdivision of the State of Arkansas, or any agency thereof;

  3. (3) Any school board or school district;

  4. (4) Any improvement or other taxing or assessing district;

  5. (5) Any public corporation or authority created by or recognized by the State of Arkansas, or any political subdivision thereof; and

  6. (6) A receiver appointed under § 14-62-104.


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