§ 6-21-711 - Advisory committee -- Members -- Duties. - Arkansas Statutes

6-21-711. Advisory committee -- Members -- Duties.

(a) There is hereby established a Public Elementary and Secondary School Insurance Program and Public School Motor Vehicle Insurance Program Advisory Committee, consisting of five (5) members as follows:

(1) The Chair and Vice Chair of the Senate Committee on Insurance and Commerce;

(2) The Chair and Vice Chair of the House Committee on Insurance and Commerce; and

(3) The Director of the Department of Finance and Administration or his or her designee.

(b) The Public School Motor Vehicle Insurance Program Advisory Committee shall meet at such times and places as it shall deem necessary for the purpose of carrying out its duties under the provisions of this subchapter.

(c) The Public School Motor Vehicle Insurance Program Advisory Committee shall select one (1) of its members as chair and such other officers as may be deemed necessary for transaction of business.

(d) A majority of the members of the Public School Motor Vehicle Insurance Program Advisory Committee shall constitute a quorum for the purpose of transacting business.

(e) All action of the Public School Motor Vehicle Insurance Program Advisory Committee shall be by a majority vote of the full membership of the Public School Motor Vehicle Insurance Program Advisory Committee.

(f) Members shall serve without pay but may receive expense reimbursement in accordance with 25-16-901 et seq.

(g) The Public School Motor Vehicle Insurance Program Advisory Committee shall periodically review the status of the Public School Insurance Trust Fund.

(h) The Public School Motor Vehicle Insurance Program Advisory Committee shall perform such other duties in an advisory capacity to the State Insurance Department as will expedite the operation of the programs.

(i) All proposed procedures, guidelines, and other recommendations pertaining to the programs recommended by the Public School Motor Vehicle Insurance Program Advisory Committee under this subchapter shall be advisory to the State Insurance Department.