(a)
- (1) The general administration and proper operation of the Arkansas Teacher Retirement System is vested in the Board of Trustees of the Arkansas Teacher Retirement System.
- (2) The board shall consist of eleven (11) elected members and four (4) ex officio members.
- (b) In accordance with Arkansas Code § 24-7-301, the board shall adopt rules for the election of a trustee and a vacancy on the board.