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22-3-906. Secretary of the Department of Transformation and Shared Services.
Arkansas Code — all titles (historical 2020) · legal_authorities
22-3-906. Secretary of the Department of Transformation and Shared Services.
(a) The Secretary of the Department of Transformation and Shared Services shall be the custodian of all property held in the name of the Building Authority Division, shall be its disbursing agent and executive officer, and shall administer the provisions of this subchapter and the rules and orders established thereunder.
(b) The Secretary of the Department of Transformation and Shared Services shall employ such assistants and other personnel as are, in his or her opinion, necessary to properly administer the provisions of this subchapter.
(c)(1) The Secretary of the Department of Transformation and Shared Services shall furnish bond to the state, with a corporate surety thereon, in the penal sum of twenty-five thousand dollars ($25,000), conditioned that he or she will faithfully perform his or her duties and properly account for all funds received and disbursed by him or her.
(2) An additional disbursing agent's bond shall not be required of the Secretary of the Department of Transformation and Shared Services, and the bond so furnished shall be filed in the office of the Secretary of State, and an executed counterpart thereof shall be filed with the Auditor of State.
(3) The premium on the bond shall be a proper charge against the funds under the control of the Secretary of the Department of Transformation and Shared Services.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 22-3-906
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:22-3-906
Source file: gov.ar.code.title.22.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 3ca237f07b4df4d974f1fffdb2f64b22b1519e90d2ba430bbca1b51c224205b8
Source location: content.xml paragraph 1598
Stored source content
22-3-906. Secretary of the Department of Transformation and Shared Services.
(a) The Secretary of the Department of Transformation and Shared Services shall be the custodian of all property held in the name of the Building Authority Division, shall be its disbursing agent and executive officer, and shall administer the provisions of this subchapter and the rules and orders established thereunder.
(b) The Secretary of the Department of Transformation and Shared Services shall employ such assistants and other personnel as are, in his or her opinion, necessary to properly administer the provisions of this subchapter.
(c)(1) The Secretary of the Department of Transformation and Shared Services shall furnish bond to the state, with a corporate surety thereon, in the penal sum of twenty-five thousand dollars ($25,000), conditioned that he or she will faithfully perform his or her duties and properly account for all funds received and disbursed by him or her.
(2) An additional disbursing agent's bond shall not be required of the Secretary of the Department of Transformation and Shared Services, and the bond so furnished shall be filed in the office of the Secretary of State, and an executed counterpart thereof shall be filed with the Auditor of State.
(3) The premium on the bond shall be a proper charge against the funds under the control of the Secretary of the Department of Transformation and Shared Services.
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