Statutes > Arkansas Statutes > Title 24 - Retirement And Pensions > Chapter 4 - Arkansas Public Employees' Retirement System > Subchapter 2 - Funds and Management of Assets > § 24-4-211 - Disposition of funds returned to hospitals withdrawing from system.

§ 24-4-211 - Disposition of funds returned to hospitals withdrawing from system.

24-4-211. Disposition of funds returned to hospitals withdrawing from system.

Any hospital excluding its employees from the Arkansas Public Employees' Retirement System and receiving a return of any funds as provided in 24-4-302(3) shall immediately invest the funds in a retirement system or plan for the employees of the hospital.