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AR SR2

Resolution

Official Source

Status

Passed

1/27/2021

Primary Sponsor

Kim Hammer

Click for details

Origin

Senate

93rd General Assembly (2021 Regular)

AI Summary

  • Approves and confirms the appointment of Dr. Richard Abernathy to the Board of Directors of the Arkansas Rural Endowment Fund, Inc.

  • The Arkansas Rural Endowment Fund, Inc. was established by Acts 1959, No. 27 as a private nonprofit entity providing affordable agricultural and student loans to rural Arkansans.

  • The Board of Directors consists of seven members who serve as the final authority on policy matters and direction.

  • Senate approval is required for new board director appointments per Act 27 of 1959 and the fund's articles of incorporation.

  • The Secretary of the Senate shall provide a copy of this resolution to the Arkansas Rural Endowment Fund, Inc. and Dr. Abernathy upon adoption.

Legislative Description

To Approve And Confirm The Appointment Of Dr. Richard Abernathy To The Board Of Directors Of The Arkansas Rural Endowment Fund, Inc.

Last Action

Sine Die adjournment

10/15/2021

Full Bill Text

No bill text available