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(a) All investments of the retirement systems covered by this subchapter shall be in strict compliance with the provisions of this subchapter.
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(b) The term “trust” as used in this subchapter refers to the following Arkansas retirement systems:
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(1) The State Police Retirement System;
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(2) The Arkansas Public Employees’ Retirement System;
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(3) The Arkansas Teacher Retirement System;
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(4) The Arkansas State Highway Employees’ Retirement System; and
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(5) The Arkansas Judicial Retirement System.
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(c) The term “trustees” as used in this subchapter refers to boards of trustees of the systems referenced in subsection (b) of this section.