(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.
Structure Arkansas Code
Title 15 - Natural Resources and Economic Development
Subtitle 1 - Development Of Economic And Natural Resources Generally
Chapter 4 - Development Of Business And Industry Generally
Subchapter 2 - Arkansas Economic Development Council
§ 15-4-201. Arkansas Economic Development Council — Creation
§ 15-4-202. Arkansas Economic Development Council — Members
§ 15-4-203. Arkansas Economic Development Council — Organization and meetings
§ 15-4-204. Arkansas Economic Development Council — Functions, powers, and duties
§ 15-4-205. Arkansas Economic Development Commission — Status and purpose
§ 15-4-206. Arkansas Economic Development Commission — Director
§ 15-4-209. Arkansas Economic Development Commission — Functions, powers, and duties
§ 15-4-210. Arkansas Economic Development Commission — Foreign operation — Reports