Browse Arkansas Code titles and sections
21-2-705. Governmental Bonding Board.
Arkansas Code — all titles (historical 2020) · legal_authorities
21-2-705. Governmental Bonding Board.
(a) There is created the Governmental Bonding Board, which shall be composed of the following five (5) members:
(1) The President of the Association of Arkansas Counties;
(2) The President of the Arkansas Municipal League;
(3) The Commissioner of Elementary and Secondary Education;
(4) The Secretary of the Department of Finance and Administration; and
(5) The Insurance Commissioner, who shall serve as chair.
(b)(1) The members of the board shall receive no compensation for their services, but members other than the Commissioner of Elementary and Secondary Education, the Secretary of the Department of Finance and Administration, and the Insurance Commissioner may receive expense reimbursement in accordance with § 25-16-901 et seq.
(2) The expense reimbursement of members of the board shall be paid from the Fidelity Bond Trust Fund.
(c)(1)(A)(i) The board shall meet at least quarterly.
(ii) However, if there is no proof of loss or other business for the board to consider, the chair may cancel a regularly scheduled quarterly meeting upon written notice to the members.
(B) The board shall also meet at any other time as necessary to carry out its responsibilities and duties, at the call of the chair, or upon the request of a majority of the board.
(2) All action of the board shall be by majority vote of the membership in attendance.
(3) If a board member is unable to attend any board meeting, the member shall appoint a designee to act as his or her representative. The representative shall have all the rights and privileges of the member represented.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 21-2-705
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:21-2-705
Source file: gov.ar.code.title.21.odt
Pages: Not recorded – Not recorded
Passage SHA-256: b39e35e50129aaf7c869bed19fd49c353727d28204f269d269a5d6db1a18c707
Source location: content.xml paragraph 1266
Stored source content
21-2-705. Governmental Bonding Board.
(a) There is created the Governmental Bonding Board, which shall be composed of the following five (5) members:
(1) The President of the Association of Arkansas Counties;
(2) The President of the Arkansas Municipal League;
(3) The Commissioner of Elementary and Secondary Education;
(4) The Secretary of the Department of Finance and Administration; and
(5) The Insurance Commissioner, who shall serve as chair.
(b)(1) The members of the board shall receive no compensation for their services, but members other than the Commissioner of Elementary and Secondary Education, the Secretary of the Department of Finance and Administration, and the Insurance Commissioner may receive expense reimbursement in accordance with § 25-16-901 et seq.
(2) The expense reimbursement of members of the board shall be paid from the Fidelity Bond Trust Fund.
(c)(1)(A)(i) The board shall meet at least quarterly.
(ii) However, if there is no proof of loss or other business for the board to consider, the chair may cancel a regularly scheduled quarterly meeting upon written notice to the members.
(B) The board shall also meet at any other time as necessary to carry out its responsibilities and duties, at the call of the chair, or upon the request of a majority of the board.
(2) All action of the board shall be by majority vote of the membership in attendance.
(3) If a board member is unable to attend any board meeting, the member shall appoint a designee to act as his or her representative. The representative shall have all the rights and privileges of the member represented.
Cross-references
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Arkansas Code — all titles (historical 2020) · legal_authorities
25-16-901. Definitions — Limitations.
(a) For purposes of this subchapter, the term “state board” means every state board, commission, committee, council, task force, and similar entity except the General Assembly, the State Highway Commission, and the Arkansas State Game and Fish Commission.
(b) This subchapter shall have no effect on the payment of mileage, expense reimbursement, and per diem authorized by law to be paid to members of the General Assembly, the State Highway Commission, and the Arkansas State Game and Fish Commission.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 25-16-901
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 25-16-901. This identifies an authority to review, not proof of applicability.