(1) The Secretary of the Arkansas Dietetics Licensing Board shall receive and account for all money derived under the provisions of this chapter and shall deposit the money weekly into financial institutions other than the State Treasury.
(2) These moneys shall be known as the “Dietetics Practice Licensing Fund”.
(3) There shall be such audits of this fund as are required by law.
(4) The secretary shall give a surety bond for the faithful performance of his or her duties to the Governor in the sum of ten thousand dollars ($10,000) or an amount recommended by the Auditor of State. The premium for this bond shall be paid out of the fund.
(5) The board may make expenditures from this fund for any purpose which is reasonable and necessary to carry out the provisions of this chapter.