63 chapters · 2,725 sections in this title.
Ark. Code Ann. § 20-77-701 Legislative intent
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It is the intent of the General Assembly to provide a method of assisting those persons within the state who as a result of personal injury, disability, or other medical condition are in need of supplemental benefits to improve or maintain reasonable quality-of-life standards. To…
Ark. Code Ann. § 20-77-702 Definitions
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(1) As used in this subchapter:(1) “Allowable expense” means charges incurred for needed products, services, and accommodations, including, but not limited to, medical care, rehabilitation, rehabilitative occupational training, and other remedial treatment and care;(2) “Beneficia…
Ark. Code Ann. § 20-77-703 Creation of Special Needs Trust Revolving Fund
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(a) There is created in the State Treasury a revolving fund to be designated the “Special Needs Trust Revolving Fund”. The fund shall be a continuing fund, not subject to fiscal year limitations, and shall consist of:(1) All moneys received from those individuals who desire to es…
Ark. Code Ann. § 20-77-704 Payment of trust funds
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(a) The cotrustees of the Special Needs Trust Revolving Fund are hereby given complete discretion as to the expenditure of principal and income of the Special Needs Trust Revolving Fund for the purposes set forth in this subchapter, not to exceed all of the income earned by the f…