Ark. Code Ann. § 15-4-204

Arkansas Economic Development Council — Functions, powers, and duties

Acts 1955, No. 404, §§ 7, 8; 1971, No. 443, § 1; 1979, No. 65, § 4; A.S.A. 1947, §§ 9-510, 9-511; Acts 2013, No. 1185, § 1; 2019, No. 202, § 1; 2019, No. 910, § 358.

(1) The Arkansas Economic Development Council may serve in an advisory capacity to the Director of the Arkansas Economic Development Commission, the Governor, and the General Assembly.

(2) A primary function of the council is to approve the issuance of guaranties of amortization payments on Act No. 9 bonds under the Industrial Revenue Bond Guaranty Law, § 15-4-601 et seq.

(3) The addition or elimination of international offices of the Arkansas Economic Development Commission by the commission shall first be approved by the council.

(4) By a majority vote, the council may establish or dissolve committees and subcommittees as needed.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.