§ 23-16-403 - Arkansas Lifeline Individual Verification Effort Corporation -- Creation -- Board of directors.
23-16-403. Arkansas Lifeline Individual Verification Effort Corporation -- Creation -- Board of directors.
(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) The Governor shall choose representatives of eligible telecommunications carriers from a list of three (3) names for each position submitted by representatives of eligible telecommunications carriers.
(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.