(a)(1) Meetings of the State Board of Finance shall be held:(A) At least quarterly: (i) Upon the call of the Governor or by any three (3) or more members; and(ii) Upon advance notice to each member; and(B) At a place that is convenient for the board.(2) The meetings shall be conducted in accordance with the Freedom of Information Act of 1967, § 25-19-101 et seq., and complete records of the proceedings shall be kept.(b)(1) Seven (7) members shall constitute a quorum for the transaction of business.(2) The affirmative vote of a majority of members present is required to adopt a motion or resolution.(c) The staff of an elected or appointed official of the board may provide any assistance requested by the board.Added by Act 2013, No. 1088,§ 1, eff. 8/16/2013.
Arkansas Legal Code