(a) The directors shall establish an Executive Committee of the Division of Science and Technology of the Arkansas Economic Development Commission, to be composed of the chair, the vice chair, the secretary, and two (2) additional members to be chosen by the chair from the remaining directors.
(b) The committee, in intervals between meetings of the Board of Directors of the Division of Science and Technology of the Arkansas Economic Development Commission, may transact any business of the board that has been delegated to the committee.
(c) A majority of the committee may conduct business, and a favorable vote of three (3) members shall be deemed consent of the committee.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 1 - Development Of Economic And Natural Resources Generally
Chapter 3 - Division of Science and Technology
Subchapter 1 - Division of Science and Technology of the Arkansas Economic Development Commission
§ 15-3-103. Establishment of the division
§ 15-3-106. Executive committee
§ 15-3-108. Nature, powers, and duties generally
§ 15-3-109. Power to carry out programs
§ 15-3-110. Power to promote basic and applied research at Arkansas colleges and universities
§ 15-3-112. Prohibition on personal interest in contracts
§ 15-3-113. Studies, planning, and recommendations — Cooperation with other agencies
§ 15-3-114. Use of land, buildings, or facilities for science and high technology
§ 15-3-115. Pledging of credit
§ 15-3-116. Deposit of moneys — Audit
§ 15-3-117. Use of revenues — Assistance to minority businesses
§ 15-3-122. Purchase of qualified securities — Prerequisites — Advisory committees
§ 15-3-130. Centers for applied technology — Definition
§ 15-3-131. Centers for applied technology — Authority to designate
§ 15-3-132. Centers for applied technology — Criteria — Designation
§ 15-3-133. Centers for applied technology — Advisory committees
§ 15-3-134. Centers for applied technology — Disposition of funds