{"data":{"id":"us-ar/ark.-code-ann.-6-1-704","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 6-1-704","heading":"Duties of Arkansas Financial Education Commission","body":"The duties of the Arkansas Financial Education Commission include: (1) Appointing as temporary director of the commission, a member of the Section 529 Plan Review Committee, as described in § 6-84-105 , and if necessary, appointing a new and independent director of the commission; (2) Raising funds for financial literacy educational plans and programs, excluding a regulator who: (A) Is a member of the board of directors of the commission; and (B) Shall not directly or indirectly participate in the commission's fundraising activities; (3) (A) Managing and implementing financial literacy educational plans and programs. (B) A financial literacy education plan or program described in subdivision (3)(A) of this section includes without limitation financial literacy educational programs for elementary and secondary school students; (4) Providing education in all aspects of financial matters; (5) Creating a website to make financial resources available to all Arkansans that covers a wide range of financial topics; (6) Creating and providing awards to individuals and organizations that help improve financial literacy throughout the state; and (7) (A) Working with other state agencies in providing financial literacy education and topics to schools in the state. (B) The topics shall include: (i) Earning a livable income; (ii) Balancing a checkbook and bank account; (iii) Use of credit cards and managing debt; (iv) Saving for postsecondary education; (v) Retirement and long-term financial planning; and (vi) Investing. Added by Act 2021, No. 1025,§ 1, eff. 7/28/2021.\n\nThe duties of the Arkansas Financial Education Commission include:\n\n(1) Appointing as temporary director of the commission, a member of the Section 529 Plan Review Committee, as described in § 6-84-105 , and if necessary, appointing a new and independent director of the commission;\n\n(2) Raising funds for financial literacy educational plans and programs, excluding a regulator who: (A) Is a member of the board of directors of the commission; and (B) Shall not directly or indirectly participate in the commission's fundraising activities;\n\n(A) Is a member of the board of directors of the commission; and\n\n(B) Shall not directly or indirectly participate in the commission's fundraising activities;\n\n(3) (A) Managing and implementing financial literacy educational plans and programs. (B) A financial literacy education plan or program described in subdivision (3)(A) of this section includes without limitation financial literacy educational programs for elementary and secondary school students;\n\n(A) Managing and implementing financial literacy educational plans and programs.\n\n(B) A financial literacy education plan or program described in subdivision (3)(A) of this section includes without limitation financial literacy educational programs for elementary and secondary school students;\n\n(4) Providing education in all aspects of financial matters;\n\n(5) Creating a website to make financial resources available to all Arkansans that covers a wide range of financial topics;\n\n(6) Creating and providing awards to individuals and organizations that help improve financial literacy throughout the state; and\n\n(7) (A) Working with other state agencies in providing financial literacy education and topics to schools in the state. (B) The topics shall include: (i) Earning a livable income; (ii) Balancing a checkbook and bank account; (iii) Use of credit cards and managing debt; (iv) Saving for postsecondary education; (v) Retirement and long-term financial planning; and (vi) Investing.\n\n(A) Working with other state agencies in providing financial literacy education and topics to schools in the state.\n\n(B) The topics shall include: (i) Earning a livable income; (ii) Balancing a checkbook and bank account; (iii) Use of credit cards and managing debt; (iv) Saving for postsecondary education; (v) Retirement and long-term financial planning; and (vi) Investing.\ng; and (vi) Investing.\n\n(A) Working with other state agencies in providing financial literacy education and topics to schools in the state.\n\n(B) The topics shall include: (i) Earning a livable income; (ii) Balancing a checkbook and bank account; (iii) Use of credit cards and managing debt; (iv) Saving for postsecondary education; (v) Retirement and long-term financial planning; and (vi) Investing.\n\n(i) Earning a livable income;\n\n(ii) Balancing a checkbook and bank account;\n\n(iii) Use of credit cards and managing debt;\n\n(iv) Saving for postsecondary education;\n\n(v) Retirement and long-term financial planning; and\n\n(vi) Investing.","path":["AR Code","Title 6","Chapter 1","Subchapter 7"],"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":"42848f6b3794273cc8e70bddf542d783cc763f56e4093cde51b8af5e4def722f","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-6-1-703","next":"us-ar/ark.-code-ann.-6-1-705"},"notice":"GroundRules: Original legal text. Not legal advice."}