(a) Standing committees — Executive Committee.

1. (1)

   1. (A) The Executive Committee shall be composed of three (3) members of the Arkansas Tobacco Settlement Commission.
   2. (B) The Chair of the Arkansas Tobacco Settlement Commission shall serve as chair of the Executive Committee.
   3. (C) The Vice Chair of the Arkansas Tobacco Settlement Commission shall serve on the Executive Committee.
   4. (D) The remaining member of the Executive Committee shall be elected.

2. (2)

   1. (A) The Executive Committee shall monitor and direct administrative procedures and office functions as necessary.
   2. (B) The Executive Committee may also recommend policies, directives, and actions to the commission.

(b) Special committees.

1. (1) Special committees may be created:

   1. (A) At the directive of the chair; or
   2. (B) By a majority vote of the commission.

2. (2) A special committee may serve:

   1. (A) For a set term determined in the committee's creation; or
   2. (B) Until dissolved by its respective body of creation.