The Arkansas State Treasurer acts as the head banker for the State of Arkansas, handling deposits, withdrawals, redemptions of state warrants, and investments of state funds. The position was created in 1819 when Arkansas became a territory. When Arkansas became a state in 1836, its constitution established the Office of the Treasurer of State, a position that would be elected by the legislature.
The current Arkansas State Treasurer Dennis Milligan.
References
Arkansas State Treasurer Wikipedia(Text) CC BY-SA