Browse Arkansas Code titles and sections
8-15-107. Board of directors.
Arkansas Code — all titles (historical 2020) · legal_authorities
8-15-107. Board of directors.
(a) A property assessed energy improvement district created under this chapter shall be operated and controlled by a board of directors.
(b) The board of directors shall manage and control each district, including without limitation the operations, business, and affairs of the district.
(c) The board of directors shall be solely responsible for selecting the chair of the board of directors and establishing the procedures by which the board of directors shall operate.
(d) A director shall not receive compensation in any form for his or her services as a director.
(e) Each director shall be entitled to reimbursement by the district for any necessary expenditures incurred in connection with the performance of his or her general duties as a director.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 8-15-107
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:8-15-107
Source file: gov.ar.code.title.08.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 23e7dfc297540aafcedadf31063f7118610f87905f18a9f3733f18a2e0059cbc
Source location: content.xml paragraph 10904
Stored source content
8-15-107. Board of directors.
(a) A property assessed energy improvement district created under this chapter shall be operated and controlled by a board of directors.
(b) The board of directors shall manage and control each district, including without limitation the operations, business, and affairs of the district.
(c) The board of directors shall be solely responsible for selecting the chair of the board of directors and establishing the procedures by which the board of directors shall operate.
(d) A director shall not receive compensation in any form for his or her services as a director.
(e) Each director shall be entitled to reimbursement by the district for any necessary expenditures incurred in connection with the performance of his or her general duties as a director.
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