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(a) 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.
(b) 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.
(c) The addition or elimination of international offices of the Arkansas Economic Development Commission by the commission shall first be approved by the council.
(d) By a majority vote, the council may establish or dissolve committees and subcommittees as needed.
Cite this article: FindLaw.com - Arkansas Code Title 15. Natural Resources and Economic Development § 15-4-204. Arkansas Economic Development Council--Functions, powers, and duties - last updated January 01, 2020 | https://codes.findlaw.com/ar/title-15-natural-resources-and-economic-development/ar-code-sect-15-4-204/
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