(a) There is created the Arkansas Lifeline Individual Verification Effort Corporation.
(b) The corporation shall be governed by a seven-member board of directors appointed by the Governor as follows:
(1) Three (3) board members shall be consumers; and
(2) Four (4) board members shall be representatives of eligible telecommunications carriers.
(c)
(1) The Governor shall appoint representatives of eligible telecommunications carriers after consulting representatives of eligible telecommunications carriers.
(2) The appointments made by the Governor under subdivision (c)(1) of this section shall be subject to confirmation by the Senate.
(d) The initial appointments shall be for terms that will result in two (2) board members serving a one-year term, two (2) board members serving a two-year term, and three (3) board members serving a three-year term. All successors shall serve three-year terms.
(e) The Governor shall designate one (1) of the board members to preside over the initial meeting of the board, at which meeting the board shall elect a president, a secretary, and such other officers as it deems appropriate.
(f) Members of the board shall serve without compensation but may be reimbursed for reasonable expenses. However, no corporate money shall be used for out-of-state travel expenses.
(g) All vacancies on the board shall be filled in the same manner as the original appointments.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Subtitle 1 - Public Utilities And Carriers
Chapter 16 - Miscellaneous Provisions Relating To Carriers
Subchapter 4 - Arkansas Lifeline Individual Verification Effort Corporation Act
§ 23-16-404. Board of directors — Attendance at meetings required
§ 23-16-405. Assessment on eligible telecommunications carriers
§ 23-16-406. Option to participate or cease participation
§ 23-16-407. Powers and duties of corporation
§ 23-16-408. Staff — Real property — Debt
§ 23-16-409. Corporate offices
§ 23-16-411. Articles of incorporation