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6-13-1006. Board of directors.
Arkansas Code — all titles (historical 2020) · legal_authorities
6-13-1006. Board of directors.
(a) Each education service cooperative shall be governed by a board of directors consisting of one (1) representative appointed by each school district board of directors within the boundary of the education service cooperative.
(b) No school district may have official representation on more than one (1) education service cooperative board of directors.
(c) The board of directors of each established education service cooperative shall:
(1) Function as a public corporate body;
(2) Meet except as otherwise provided in § 6-13-1007, at least eight (8) times each year; and
(3) Exercise general fiduciary responsibilities for the education service cooperative with regard to policies and practices which guard the integrity of the agency and maintain public trust in its operation.
(d) Such responsibilities, consistent with funds available, shall include, but not be limited to:
(1) Employment of a director of the education service cooperative who shall serve as the nonvoting executive officer of the board of directors;
(2) Establishment of policies and procedures for the operation and management of the education service cooperative, which shall be in written form and shall be filed with the State Board of Education;
(3) Preparation of an annual budget estimating income and expenditures for programs and services in accordance with procedures established by the state board;
(4) Receipt and expenditure of funds needed to provide programs and services in the area;
(5) Making such surveys or other inquiries which may be required to determine the service needs of school districts in the education service cooperative and developing plans to provide such needed services;
(6) Employment, upon the recommendation of the director of th
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-13-1006
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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Stable record: arkansas_code:legal_authorities:6-13-1006
Source file: gov.ar.code.title.06.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 062b520f8d80bbd9c603462b3702ae1accc43348fc0c3f529b99d83bfe638a61
Source location: content.xml paragraph 4476
Stored source content
6-13-1006. Board of directors.
(a) Each education service cooperative shall be governed by a board of directors consisting of one (1) representative appointed by each school district board of directors within the boundary of the education service cooperative.
(b) No school district may have official representation on more than one (1) education service cooperative board of directors.
(c) The board of directors of each established education service cooperative shall:
(1) Function as a public corporate body;
(2) Meet except as otherwise provided in § 6-13-1007, at least eight (8) times each year; and
(3) Exercise general fiduciary responsibilities for the education service cooperative with regard to policies and practices which guard the integrity of the agency and maintain public trust in its operation.
(d) Such responsibilities, consistent with funds available, shall include, but not be limited to:
(1) Employment of a director of the education service cooperative who shall serve as the nonvoting executive officer of the board of directors;
(2) Establishment of policies and procedures for the operation and management of the education service cooperative, which shall be in written form and shall be filed with the State Board of Education;
(3) Preparation of an annual budget estimating income and expenditures for programs and services in accordance with procedures established by the state board;
(4) Receipt and expenditure of funds needed to provide programs and services in the area;
(5) Making such surveys or other inquiries which may be required to determine the service needs of school districts in the education service cooperative and developing plans to provide such needed services;
(6) Employment, upon the recommendation of the director of the education service cooperative, of such personnel as may be required to provide the services requested by the school districts in the area;
(7) Implementation of policies established by the state board for the operation of education service cooperatives;
(8) Cooperation with other education service cooperatives, school districts, and other agencies to provide programs and services for children and adults residing within their respective areas;
(9) For facilities and buildings as may be required to provide authorized programs and services:
(A) Renting, leasing, purchasing, constructing, or receiving by gift;
(B) Borrowing from the revolving loan fund under § 6-20-818; or
(C) Borrowing from other sources for limited or unusual circumstances upon approval of the Commissioner of Elementary and Secondary Education and the Secretary of the Department of Finance and Administration; and
(10) Carrying out such other duties as may be required for the efficient operation of the education service cooperative for which the board of directors is responsible.
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Arkansas Code — all titles (historical 2020) · legal_authorities
6-13-1007. Executive committee.
(a)(1) In a meeting, with a majority of its members present and voting, the board of directors of an education service cooperative may elect from its membership an executive committee of seven (7), nine (9), or eleven (11) members.
(2) Candidates for the executive committee, if one is formed, shall be chosen so that the school districts within the education service cooperative are equitably represented.
(3) All subsequent members of the executive committee shall be elected by a majority vote of the board of directors in attendance at the annual meeting.
(b) The function of the executive committee shall be to carry out those duties delegated to it by the governing board of directors, the provisions of § 6-13-1006 notwithstanding.
(c) Terms of executive committee members shall be three (3) years except for the initial members which shall have terms assigned by lot so as to stagger terms to equalize as nearly as possible the number of members to be elected each year. Vacancies occurring after the annual meeting shall be filled by the executive committee until the next annual meeting.
(d) Should an executive committee be established in any education service cooperative, it shall meet at least nine (9) times per year, and the requirements for board of directors meetings shall be reduced to three (3) times annually. The president of the board of directors shall serve as chair of the executive committee. No person, however, may serve in this position for more than two (2) consecutive years.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-13-1007
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 6-13-1007. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
6-20-818. Loans to education service cooperatives.
(a) Subject to the conditions and limitations of this section, any education service cooperative established under The Education Service Cooperative Act of 1985, § 6-13-1001 et seq., may borrow, and the State Board of Education may lend, moneys in the Revolving Loan Fund.
(b) The maximum amount of money an education service cooperative may owe the Revolving Loan Fund at any one time is that equal to a six-month's basic grant for the fiscal year in which a loan is sought.
(c)(1) The board of directors of any education service cooperative desiring to borrow money from the Revolving Loan Fund, acting through its executive director, shall file a formal application with the state board.
(2) The application shall contain the following information:
(A) The name and location of the education service cooperative;
(B) The date and place of the meeting of the board of directors at which action was taken authorizing the executive director to make formal application for a loan;
(C) The estimated amount that it proposes to borrow, together with supporting evidence upon which the estimate is based;
(D) The purpose for which the proceeds of the loan would be used;
(E) The security for the loan and the method and schedule for repayment; and
(F) Such additional information as may be required by the state board.
(d) After considering the merits of each application, the state board may, in its discretion:
(1) Approve the application for the full amount of the proposed loan;
(2) Approve the application for a loan of a lesser amount than the amount requested; or
(3) Disapprove the application.
(e)(1) Each such loan, which is to be paid in full as to both principal and interest within or at the end of ten (10) ye
Source: Arkansas Code — historical release 78 (November 6, 2020) · 6-20-818
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 6-20-818. This identifies an authority to review, not proof of applicability.