(a) (1) The Secretary of the Arkansas Board of Health Education shall receive and account for all money derived under the provisions of this chapter and shall deposit the same weekly into financial institutions other than the State Treasury.
(2) These moneys shall be known as the "Health Education Practice Certification Fund".
(b) There shall be audits of the fund as required by law.
(c) The secretary shall give a surety bond for the faithful performance of his or her duties in the sum of ten thousand dollars ($10,000) or an amount recommended by the Auditor of State. The premium for this bond shall be paid out of the fund.
(d) The board may make expenditures from the fund for any purpose which is reasonable and necessary to carry out the provisions of this chapter.
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