Browse Arkansas Code titles and sections
14-144-203. Research park authority board.
Arkansas Code — all titles (historical 2020) · legal_authorities
14-144-203. Research park authority board.
(a) Subject to any limitations created in the agreement required under § 14-144-201(c), the management and control of each research park authority and its property, operations, business, and affairs shall be lodged in a research park authority board of not less than five (5) nor more than seven (7) natural persons who shall be appointed for terms of five (5) years each.
(b)(1) The number of members of the board to which each of the participating governmental bodies is entitled shall be set forth in the agreement required under § 14-144-201(c).
(2) However, each of the participating governmental bodies shall be entitled to appoint at least one (1) member.
(3) Appointments of members shall be made:
(A) For a municipality, by the mayor;
(B) For a county, by the county judge;
(C) For an accredited institution of higher education, by the president or chancellor of the accredited institution of higher education; and
(D) For a state agency, by the Governor.
(c)(1) The members shall serve staggered terms.
(2) Upon taking office, the members shall draw lots so that:
(A) One (1) member shall have a one-year term;
(B) One (1) member shall have a two-year term;
(C) One (1) member shall have a three-year term;
(D) One (1) member shall have a four-year term; and
(E) One (1) member shall have a five-year term.
(3) A sixth or seventh member shall serve a five-year term.
(4) After the expiration of their respective terms, persons reappointed to the board or their successors shall serve five-year terms.
(5) A person shall not serve as a member for more than a total of ten (10) consecutive years.
(d)(1) A member appointed by a mayor or county judge shall be a bona fide resident and qualified elector of the mu
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-144-203
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:14-144-203
Source file: gov.ar.code.title.14.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 45cdb07528d817a2f3083c9ba3c9f46920d1b2fe93653a35e3019ce41134bbae
Source location: content.xml paragraph 36107
Stored source content
14-144-203. Research park authority board.
(a) Subject to any limitations created in the agreement required under § 14-144-201(c), the management and control of each research park authority and its property, operations, business, and affairs shall be lodged in a research park authority board of not less than five (5) nor more than seven (7) natural persons who shall be appointed for terms of five (5) years each.
(b)(1) The number of members of the board to which each of the participating governmental bodies is entitled shall be set forth in the agreement required under § 14-144-201(c).
(2) However, each of the participating governmental bodies shall be entitled to appoint at least one (1) member.
(3) Appointments of members shall be made:
(A) For a municipality, by the mayor;
(B) For a county, by the county judge;
(C) For an accredited institution of higher education, by the president or chancellor of the accredited institution of higher education; and
(D) For a state agency, by the Governor.
(c)(1) The members shall serve staggered terms.
(2) Upon taking office, the members shall draw lots so that:
(A) One (1) member shall have a one-year term;
(B) One (1) member shall have a two-year term;
(C) One (1) member shall have a three-year term;
(D) One (1) member shall have a four-year term; and
(E) One (1) member shall have a five-year term.
(3) A sixth or seventh member shall serve a five-year term.
(4) After the expiration of their respective terms, persons reappointed to the board or their successors shall serve five-year terms.
(5) A person shall not serve as a member for more than a total of ten (10) consecutive years.
(d)(1) A member appointed by a mayor or county judge shall be a bona fide resident and qualified elector of the municipality or county of the appointing mayor or county judge.
(2) A member of the board appointed by the president or chancellor of the accredited institution of higher education shall be a bona fide resident and qualified elector of the institution's metropolitan statistical area or the county in which the main campus of the institution is located if the main campus is not the institution's metropolitan statistical area.
(3) A member appointed by the Governor shall be a bona fide resident and a qualified elector of the State of Arkansas.
(e) If a member dies, resigns, is removed, or for any other reason ceases to be a member of the board, the officer who appointed the member shall appoint another eligible person to fill the unexpired portion of the term of the member.
(f) A member once qualified shall not be removed during his or her term except for cause by the mayor, county judge, president or chancellor of the accredited institution of higher education or Governor who appointed the member or upon such other conditions as may be set forth in the agreement required under § 14-144-201(c).
(g)(1) A member shall not receive any compensation whether in the form of salary, per diem allowance, or in another form for or in connection with his or her services as a member.
(2) However, each member shall be entitled to reimbursement by the board for any necessary expenditures in connection with the performance of his or her general duties as a member.
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Arkansas Code — all titles (historical 2020) · legal_authorities
14-144-201. Research park authority — Creation.
(a)(1) A research park authority:
(A) Shall have as sponsor at least one (1) accredited institution of higher education; and
(B) May have one (1) or more:
(i) Municipality;
(ii) County;
(iii) State agency; or
(iv) Research institute or center.
(2) One (1) or more sponsors who meet the requirements of subdivision (a)(1) of this section may create a research park authority under this chapter for the purpose of acquiring, constructing, maintaining, and operating a research park.
(b) A county or municipality shall not participate in a research park authority unless the governing body of the county or municipality:
(1) Provides by ordinance to participate in the research park authority; and
(2) Enters into an agreement with at least one (1) accredited institution of higher education to create and maintain the research park authority.
(c) An accredited institution of higher education shall not participate in a research park authority unless the governing body of the accredited institution of higher education adopts a resolution to participate in the research park authority.
(d) A research park shall be located either within:
(1) The geographical boundaries of a county or municipality that is a sponsor of the research park authority; or
(2) The main campus or in the proximity of the main campus of the sponsoring accredited institution of higher education that is a sponsor of the research park authority.
(e)(1) A sponsor of a research park authority shall enter into an agreement establishing the terms and conditions for the operation of the authority under this chapter and any other laws of the State of Arkansas that may be applicable.
(2) To the extent that it is consistent with this chapter, the
Source: Arkansas Code — historical release 78 (November 6, 2020) · 14-144-201
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 14-144-201. This identifies an authority to review, not proof of applicability.