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VOLUNTEER COUNCIL, ARKADELPHIA HUM. DEV. CEN. v. GOVERN. BONDING BD.

No. 94-897.

894 S.W.2d 580 (1995)

319 Ark. 716

VOLUNTEER COUNCIL, ARKADELPHIA HUMAN DEVELOPMENT CENTER, INC., Appellant, v. GOVERNMENTAL BONDING BOARD, STATE of ARKANSAS, Appellee.

Supreme Court of Arkansas.

March 6, 1995.

Attorney(s) appearing for the Case

William F. Sherman, Little Rock, for appellant.

Winston Bryant, Atty. Gen., John D. Harris, Asst. Atty. Gen., Little Rock, for appellee.

ROAF, Justice.

This appeal seeks to reverse a decision of the Governmental Bonding Board which denied the appellant's claim under the Fidelity Bond Program, Ark.Code Ann. §§ 21-2-701 —21-2-711 (Supp.1993) (Act 728 of 1987). We hold there has been no loss on the part of a participating governmental entity and affirm the decision of the Governmental Bonding Board.

Appellant Volunteer Council, Arkadelphia Human Development Center, Inc. (the Volunteer...

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