(a) The State Geologist shall be appointed by and serve at the pleasure of the Governor.
(b) He or she shall:
(1) Be charged with the duty of administering the provisions of this subchapter and the rules, regulations, and orders established thereunder;
(2) Be custodian of all property held in the name of the Arkansas Geological Survey, and shall be, ex officio, the disbursing agent of all funds available for its use; and
(3) Furnish bond to the state, with corporate surety thereon, in the penal sum of ten thousand dollars ($10,000), conditioned that he or she will faithfully perform his or her duties of employment and properly account for all funds received and disbursed by him or her. An additional disbursing agent's bond shall not be required of the State Geologist. The bond so furnished shall be filed with the Secretary of State, and an executed counterpart thereof shall be filed with the Auditor of State.
(c) The commission, by resolution duly adopted, may delegate to the State Geologist any of the powers or duties vested in or imposed upon it by this subchapter, and the delegated powers and duties may be exercised by the State Geologist in the name of the commission.
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