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17-90-205. Disposition of funds — Secretary-treasurer's bond.
Arkansas Code — all titles (historical 2020) · legal_authorities
17-90-205. Disposition of funds — Secretary-treasurer's bond.
(a) All renewal fees and all examination and application fees shall be used by the State Board of Optometry to pay its expenses in administering this chapter.
(b)(1) All moneys received by the board shall be disbursed by the Secretary-treasurer of the State Board of Optometry, who shall furnish surety bond.
(2) The Secretary-treasurer of the State Board of Optometry shall keep a true and faithful account of all moneys received and all moneys expended and shall file annually with the Secretary of the Department of Health a report of all financial transactions duly audited by an independent accountant.
(c) All moneys not expended or used by the board to pay expenses in administering this chapter shall be retained by the board from year to year to be expended for the purposes and intentions expressed in this chapter.
(d) The Secretary-treasurer of the State Board of Optometry shall execute a bond for the state in a sum to be fixed by the board conditioned on the faithful performance of the duties of his or her office.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 17-90-205
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:17-90-205
Source file: gov.ar.code.title.17.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 813de556b87aa26209fe0a74e7166ba621be29b6d0dcecc74fbbeaa432f0d732
Source location: content.xml paragraph 24670
Stored source content
17-90-205. Disposition of funds — Secretary-treasurer's bond.
(a) All renewal fees and all examination and application fees shall be used by the State Board of Optometry to pay its expenses in administering this chapter.
(b)(1) All moneys received by the board shall be disbursed by the Secretary-treasurer of the State Board of Optometry, who shall furnish surety bond.
(2) The Secretary-treasurer of the State Board of Optometry shall keep a true and faithful account of all moneys received and all moneys expended and shall file annually with the Secretary of the Department of Health a report of all financial transactions duly audited by an independent accountant.
(c) All moneys not expended or used by the board to pay expenses in administering this chapter shall be retained by the board from year to year to be expended for the purposes and intentions expressed in this chapter.
(d) The Secretary-treasurer of the State Board of Optometry shall execute a bond for the state in a sum to be fixed by the board conditioned on the faithful performance of the duties of his or her office.
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