168.00.11 Ark. Code R. § 002 - Regional Economic Development Partnership Act
Act 895 of 2011 (§ 15-4-3401 et seq.) authorized the creation of regional economic development partnerships and addressed the governance of these partnerships as well as funding opportunities and responsibilities. The 2011 act outlined many of the provisions needed to implement the legislation and provided the Arkansas Economic Development Commission the ability to promulgate rules and regulations addressing all aspects of the approval and funding of a regional economic development partnership.
It is the purpose of this rulemaking to make as clear as possible the procedures and approvals required by this act.
A member of the board of directors shall not receive compensation for service on the board of directors;
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