§ 15-20-205 - Executive director.
15-20-205. Executive director.
(a) The Executive Director of the Arkansas Natural Resources Commission shall be appointed by and serve at the pleasure of the Governor.
(b) The executive director shall be charged with the duty of administering the provisions of this subchapter and the rules, regulations, and orders established thereunder.
(c) The commission, by resolution duly adopted, may delegate to the executive director any of the powers or duties vested in or imposed upon it by this subchapter. These delegated powers and duties may be exercised by the executive director in the name of the commission.
(d) The executive director shall be custodian of all property held in the name of the commission and shall be ex officio the disbursing agent of all funds available for its use.
(e) (1) The executive director shall furnish bond to the state, with corporate surety thereon, in the penal sum of ten thousand dollars ($10,000), conditioned that he or she will faithfully perform his or her duties of employment and properly account for all funds received and disbursed by him or her.
(2) An additional disbursing agent's bond shall not be required of the executive director.
(3) The bond so furnished shall be filed with the Secretary of State and an executed counterpart thereof shall be filed with the Auditor of State.