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ARKANSAS STATUTES AND CODES

§ 14-125-310 - Surety bonds, records of proceedings, and audits.

14-125-310. Surety bonds, records of proceedings, and audits.

The directors shall provide for:

(1) The execution of surety bonds for all employees and officers who shall be entrusted with funds or property;

(2) The keeping of a full and accurate record of all proceedings and of all resolutions, regulations, and orders issued or adopted; and

(3) An annual audit of the accounts of receipts and disbursements.

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