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Current as of March 28, 2024 | Updated by Findlaw Staff
(a)(1) Meetings of the State Board of Finance shall be held:
(A) At least quarterly:
(i) Upon the call of the Governor or by any three (3) or more members; and
(ii) Upon advance notice to each member; and
(B) At a place that is convenient for the board.
(2) The meetings shall be conducted in accordance with the Freedom of Information Act of 1967, § 25-19-101 et seq., and complete records of the proceedings shall be kept.
(b)(1) Seven (7) members shall constitute a quorum for the transaction of business.
(2) The affirmative vote of a majority of members present is required to adopt a motion or resolution.
(c) The staff of an elected or appointed official of the board may provide any assistance requested by the board.
Cite this article: FindLaw.com - Arkansas Code Title 19. Public Finance § 19-3-703. Meetings--Quorum--Staff - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-19-public-finance/ar-code-sect-19-3-703/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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