(a) (1) The General Assembly accepts all federal aid to education that may be provided by Congress.
(2) The State Board of Career Education is designated as the state educational authority to represent the state in the administration of funds provided by Congress.
(3) The board may promulgate regulations as are necessary on the part of the state to meet any requirement of the federal government in the distribution of federal aid.
(4) The board shall provide for the proper auditing and accounting of all federal funds and for making all necessary reports regarding the expenditures of the federal funds.
(5) The board shall perform other functions as may be prescribed by the act providing aid.
(b) The Treasurer of State is designated to serve as trustee for such funds as may be apportioned to the State of Arkansas in this connection.
(c) The funds shall be disbursed according to the federal act allocating them.
Section: Previous 6-11-202 6-11-203 6-11-204 6-11-205 6-11-206 6-11-207 6-11-208 6-11-209 6-11-210 NextLast modified: November 15, 2016