Duties of the Arkansas Financial Education Commission include:

1. (1)

   1. (A) Appointing an independent director of the commission, if necessary, to hold office at the pleasure of the commission.
   2. (B) The director may be terminated by a majority vote of the commission if the director does not offer his or her resignation;

2. (2) Raising funds for the financial educational plans and programs, excluding the:

   1. (A) Securities Commissioner or his or her designee; and
   2. (B) Bank Commissioner or his or her designee;
3. (3) Managing and implementing financial educational plans and programs;
4. (4) Providing education in all aspects of an individual’s financial matters;
5. (5) Creating and maintaining a financial resources website with a comprehensive range of financial topics; and

6. (6)

   1. (A) Working with other state agencies to provide financial education to schools in the state.

   2. (B) The topics shall include but are not limited to:

      1. (i) Earning a livable income;
      2. (ii) Balancing a checkbook and bank account;
      3. (iii) Using credit cards and managing debt;
      4. (iv) Saving for postsecondary education;
      5. (v) Retirement and long-term financial planning; and
      6. (vi) Investing.