A trust created under this chapter may invest moneys held for the credit of a common trust fund in the same manner as cities under §§ 19-1-404 and 19-1-405 and according to the investment policy adopted by the board of directors of the trust.
Authorized common trust fund investments
Ark. Code Ann. § 14-79-108, under LOCAL GOVERNMENT JOINT INVESTMENT TRUST ACT.
Ark. Code Ann. § 14-79-108