{"data":{"id":"us-ar/ark.-code-ann.-15-4-3404","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 15-4-3404","heading":"Regional economic development partnerships - Board of directors","body":"(a) A regional economic development partnership shall satisfy the following requirements: (1) The economic development region includes the active participation of at least two (2) contiguous counties; (2) The economic development region is of adequate size in population to: (A) Effectively undertake economic development activities while remaining a distinct and viable region for attracting new investment; and (B) Generate adequate regional resources to provide matching funds; and (3) The economic development region is economically integrated as determined by: (A) Commuting patterns; (B) Economic base; (C) Major employers; (D) Membership in a defined metropolitan or micropolitan statistical area; or (E) Other indicators determined by the Arkansas Economic Development Commission. (b) (1) After a regional economic development partnership has been formed, a county may elect to join the regional economic development partnership by adopting an ordinance to that effect. (2) However, a county that adopts an ordinance under subdivision (b)(1) of this section shall become a member of the regional economic development partnership only upon a majority vote of the members of the board of directors of the regional economic development partnership that are residents of Arkansas. (c) (1) A regional economic development partnership formed on or after January 1, 2013, shall be governed by a board of directors that shall operate, manage, and control the regional economic development partnership in all respects. (2) If a regional economic development partnership is formed on or after January 1, 2013: (A) The board of directors shall contain at least one (1) representative from each county that is a member of the regional economic development partnership; (B) The governing body of each county that is a member of the regional economic development partnership shall appoint members of the board of directors; and (C) A person appointed to the board of directors may be a representative of either a public entity or a private entity. (3) Each member of the board of directors shall serve for a term as provided under the bylaws of the regional economic development partnership. (4) The commission may allow an existing entity that applies to be a regional economic development partnership to maintain the entity's existing rules regarding the membership, terms, and duties of the board of directors. (5) If a regional economic development partnership includes a territory located in another state, regional funding provided under this subchapter shall only be provided to a county in Arkansas. Amended by Act 2013, No. 1112,§ 4, eff. 8/16/2013. Acts 2011, No. 895, § 1.\n\n(a) A regional economic development partnership shall satisfy the following requirements: (1) The economic development region includes the active participation of at least two (2) contiguous counties; (2) The economic development region is of adequate size in population to: (A) Effectively undertake economic development activities while remaining a distinct and viable region for attracting new investment; and (B) Generate adequate regional resources to provide matching funds; and (3) The economic development region is economically integrated as determined by: (A) Commuting patterns; (B) Economic base; (C) Major employers; (D) Membership in a defined metropolitan or micropolitan statistical area; or (E) Other indicators determined by the Arkansas Economic Development Commission.\n\n(1) The economic development region includes the active participation of at least two (2) contiguous counties;\nc development region is economically integrated as determined by: (A) Commuting patterns; (B) Economic base; (C) Major employers; (D) Membership in a defined metropolitan or micropolitan statistical area; or (E) Other indicators determined by the Arkansas Economic Development Commission.\n\n(1) The economic development region includes the active participation of at least two (2) contiguous counties;\n\n(2) The economic development region is of adequate size in population to: (A) Effectively undertake economic development activities while remaining a distinct and viable region for attracting new investment; and (B) Generate adequate regional resources to provide matching funds; and\n\n(A) Effectively undertake economic development activities while remaining a distinct and viable region for attracting new investment; and\n\n(B) Generate adequate regional resources to provide matching funds; and\n\n(3) The economic development region is economically integrated as determined by: (A) Commuting patterns; (B) Economic base; (C) Major employers; (D) Membership in a defined metropolitan or micropolitan statistical area; or (E) Other indicators determined by the Arkansas Economic Development Commission.\n\n(A) Commuting patterns;\n\n(B) Economic base;\n\n(C) Major employers;\n\n(D) Membership in a defined metropolitan or micropolitan statistical area; or\n\n(E) Other indicators determined by the Arkansas Economic Development Commission.\n\n(b) (1) After a regional economic development partnership has been formed, a county may elect to join the regional economic development partnership by adopting an ordinance to that effect. (2) However, a county that adopts an ordinance under subdivision (b)(1) of this section shall become a member of the regional economic development partnership only upon a majority vote of the members of the board of directors of the regional economic development partnership that are residents of Arkansas.\n\n(1) After a regional economic development partnership has been formed, a county may elect to join the regional economic development partnership by adopting an ordinance to that effect.\n\n(2) However, a county that adopts an ordinance under subdivision (b)(1) of this section shall become a member of the regional economic development partnership only upon a majority vote of the members of the board of directors of the regional economic development partnership that are residents of Arkansas.\n\n(c) (1) A regional economic development partnership formed on or after January 1, 2013, shall be governed by a board of directors that shall operate, manage, and control the regional economic development partnership in all respects. (2) If a regional economic development partnership is formed on or after January 1, 2013: (A) The board of directors shall contain at least one (1) representative from each county that is a member of the regional economic development partnership; (B) The governing body of each county that is a member of the regional economic development partnership shall appoint members of the board of directors; and (C) A person appointed to the board of directors may be a representative of either a public entity or a private entity. (3) Each member of the board of directors shall serve for a term as provided under the bylaws of the regional economic development partnership. (4) The commission may allow an existing entity that applies to be a regional economic development partnership to maintain the entity's existing rules regarding the membership, terms, and duties of the board of directors. (5) If a regional economic development partnership includes a territory located in another state, regional funding provided under this subchapter shall only be provided to a county in Arkansas.\n\n(1) A regional economic development partnership formed on or after January 1, 2013, shall be governed by a board of directors that shall operate, manage, and control the regional economic development partnership in all respects.\nmic development partnership includes a territory located in another state, regional funding provided under this subchapter shall only be provided to a county in Arkansas.\n\n(1) A regional economic development partnership formed on or after January 1, 2013, shall be governed by a board of directors that shall operate, manage, and control the regional economic development partnership in all respects.\n\n(2) If a regional economic development partnership is formed on or after January 1, 2013: (A) The board of directors shall contain at least one (1) representative from each county that is a member of the regional economic development partnership; (B) The governing body of each county that is a member of the regional economic development partnership shall appoint members of the board of directors; and (C) A person appointed to the board of directors may be a representative of either a public entity or a private entity.\n\n(A) The board of directors shall contain at least one (1) representative from each county that is a member of the regional economic development partnership;\n\n(B) The governing body of each county that is a member of the regional economic development partnership shall appoint members of the board of directors; and\n\n(C) A person appointed to the board of directors may be a representative of either a public entity or a private entity.\n\n(3) Each member of the board of directors shall serve for a term as provided under the bylaws of the regional economic development partnership.\n\n(4) The commission may allow an existing entity that applies to be a regional economic development partnership to maintain the entity's existing rules regarding the membership, terms, and duties of the board of directors.\n\n(5) If a regional economic development partnership includes a territory located in another state, regional funding provided under this subchapter shall only be provided to a county in Arkansas.","path":["AR Code","Title 15","Chapter 4","Subchapter 34"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"fb6a4f34b5ad0f36d02bb116dd2992bf7218b8bb02b9f16618bc96db4f55684e","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-15-4-3403","next":"us-ar/ark.-code-ann.-15-4-3405"},"notice":"GroundRules: Original legal text. Not legal advice."}
