§ 19-5-1216 - Arkansas Purchasing Card Services Program Fund.
19-5-1216. Arkansas Purchasing Card Services Program Fund.
(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the "Arkansas Purchasing Card Services Program Fund".
(b) (1) This fund shall be used for the payment of obligations for participating agencies by the disbursing officer of the Department of Finance and Administration.
(2) These expenditures shall be funded by transfers from the funds of the participating agencies.