Arkansas § 8-15-107 Board of directors

Arkansas Statutes

§ 8-15-107 — Board of directors

Arkansas § 8-15-107

Title8

This text of Arkansas § 8-15-107 (Board of directors) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 8-15-107 (2026).

Text

(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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(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.