Ark. Code Ann. § 21-2-809
This is the official text of Ark. Code Ann. § 21-2-809, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Future enrollment - State of Arkansas and higher education entity
Official statutory text
(a) The Arkansas Self-Funded Cyber Response Program shall be open to the State of Arkansas or a higher education entity to join at any time. (b) Beginning on the date that the State of Arkansas or a higher education entity joins the program, the Arkansas Cyber Response Board, with the assistance of the Insurance Commissioner, shall prepare a billing certification to be remitted to the: (1) Department of Finance and Administration; and (2) Chief Fiscal Officer of the State. (c) (1) Upon receipt of the billing certification, the Secretary of the Department of Finance and Administration shall pay the billing certification from funds specifically appropriated for the billing certification by the General Assembly or from other funds available to pay for the billing certification. (2) Funds appropriated for premiums for program coverage, or funds otherwise made available for this purpose, shall not be subject to reduction as a result of any shortfall of projected revenues. (d) Upon receipt of the funds under this section, the commissioner shall deposit the funds into the Arkansas Self-Funded Cyber Response Program Trust Fund. Added by Act 2023, No. 846,§ 2, eff. 8/1/2023.
(a) The Arkansas Self-Funded Cyber Response Program shall be open to the State of Arkansas or a higher education entity to join at any time.
(b) Beginning on the date that the State of Arkansas or a higher education entity joins the program, the Arkansas Cyber Response Board, with the assistance of the Insurance Commissioner, shall prepare a billing certification to be remitted to the: (1) Department of Finance and Administration; and (2) Chief Fiscal Officer of the State.
(1) Department of Finance and Administration; and
(2) Chief Fiscal Officer of the State.
(c) (1) Upon receipt of the billing certification, the Secretary of the Department of Finance and Administration shall pay the billing certification from funds specifically appropriated for the billing certification by the General Assembly or from other funds available to pay for the billing certification. (2) Funds appropriated for premiums for program coverage, or funds otherwise made available for this purpose, shall not be subject to reduction as a result of any shortfall of projected revenues.
(1) Upon receipt of the billing certification, the Secretary of the Department of Finance and Administration shall pay the billing certification from funds specifically appropriated for the billing certification by the General Assembly or from other funds available to pay for the billing certification.
(2) Funds appropriated for premiums for program coverage, or funds otherwise made available for this purpose, shall not be subject to reduction as a result of any shortfall of projected revenues.
(d) Upon receipt of the funds under this section, the commissioner shall deposit the funds into the Arkansas Self-Funded Cyber Response Program Trust Fund.
Added by Act 2023, No. 846,§ 2, eff. 8/1/2023.
(a) The Arkansas Self-Funded Cyber Response Program shall be open to the State of Arkansas or a higher education entity to join at any time.
(b) Beginning on the date that the State of Arkansas or a higher education entity joins the program, the Arkansas Cyber Response Board, with the assistance of the Insurance Commissioner, shall prepare a billing certification to be remitted to the: (1) Department of Finance and Administration; and (2) Chief Fiscal Officer of the State.
(1) Department of Finance and Administration; and
(2) Chief Fiscal Officer of the State.
(c) (1) Upon receipt of the billing certification, the Secretary of the Department of Finance and Administration shall pay the billing certification from funds specifically appropriated for the billing certification by the General Assembly or from other funds available to pay for the billing certification. (2) Funds appropriated for premiums for program coverage, or funds otherwise made available for this purpose, shall not be subject to reduction as a result of any shortfall of projected revenues.
(1) Upon receipt of the billing certification, the Secretary of the Department of Finance and Administration shall pay the billing certification from funds specifically appropriated for the billing certification by the General Assembly or from other funds available to pay for the billing certification.
(2) Funds appropriated for premiums for program coverage, or funds otherwise made available for this purpose, shall not be subject to reduction as a result of any shortfall of projected revenues.
(d) Upon receipt of the funds under this section, the commissioner shall deposit the funds into the Arkansas Self-Funded Cyber Response Program Trust Fund.
Added by Act 2023, No. 846,§ 2, eff. 8/1/2023.
Status: in_force
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