Ark. Code Ann. § 25-1-1007
This is the official text of Ark. Code Ann. § 25-1-1007, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Exemption from divestment for certain investments
Official statutory text
If an investment is subject to divestment under this subchapter but is locked into a maturity date and an early divestment would result in a financial penalty and cause a negative financial impact to the state, then the investment is exempt from divestiture under this subchapter in order to prevent financial harm to the state and ensure that the fiduciary duty for the state is met. Amended by Act 2023, No. 760,§ 2, eff. 8/1/2023. Added by Act 2023, No. 411,§ 1, eff. 8/1/2023.
If an investment is subject to divestment under this subchapter but is locked into a maturity date and an early divestment would result in a financial penalty and cause a negative financial impact to the state, then the investment is exempt from divestiture under this subchapter in order to prevent financial harm to the state and ensure that the fiduciary duty for the state is met.
Amended by Act 2023, No. 760,§ 2, eff. 8/1/2023.
Added by Act 2023, No. 411,§ 1, eff. 8/1/2023.
If an investment is subject to divestment under this subchapter but is locked into a maturity date and an early divestment would result in a financial penalty and cause a negative financial impact to the state, then the investment is exempt from divestiture under this subchapter in order to prevent financial harm to the state and ensure that the fiduciary duty for the state is met.
Amended by Act 2023, No. 760,§ 2, eff. 8/1/2023.
Added by Act 2023, No. 411,§ 1, eff. 8/1/2023.
Status: in_force
Need a lawyer in Arkansas?
Find a Arkansas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.