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(a) The Arkansas Commission for the Newborn Umbilical Cord Blood Initiative is created.
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(b)
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(1) The commission shall consist of eleven (11) members appointed as follows:
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(A) Three (3) members appointed by the Governor as follows:
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(i) One (1) member who is a physician licensed by the Arkansas State Medical Board;
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(ii) One (1) member who has a financial background; and
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(iii) One (1) member who has a legal background or an ethicist background, or both;
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(B) Three (3) members appointed by the Speaker of the House of Representatives as follows:
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(i) One (1) member who is a physician licensed by the board;
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(ii) One (1) member who has a financial background; and
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(iii) One (1) member who has a legal background or an ethicist background, or both;
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(C) Three (3) members appointed by the President Pro Tempore of the Senate as follows:
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(i) One (1) member who is a physician licensed by the board;
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(ii) One (1) member who has a financial background; and
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(iii) One (1) member who has a legal background or an ethicist background, or both;
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(D) The Dean of the Fay W. Boozman College of Public Health of the University of Arkansas for Medical Sciences or his or her designee; and
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(E) The Secretary of the Department of Health or his or her designee.
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(2) The commission shall include one (1) consultant, nonvoting member who shall be the Director of Cell Therapy and Transfusion Medicine of the University of Arkansas for Medical Sciences.
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(c) The Governor shall designate one (1) member as chair of the commission.
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(d) The chair shall call the first meeting of the commission within sixty (60) days of his or her appointment.
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(e)
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(1) At the first meeting of the commission, the members shall draw lots so that three (3) members serve two-year terms, three (3) members serve three-year terms, and three (3) members serve four-year terms.
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(2) After the initial terms, members shall serve four-year terms.
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(f) The commission shall meet at least one (1) time per year.
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(g)
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(1) A majority of the membership of the commission shall constitute a quorum.
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(2) A majority vote of those members present shall be required for any action of the commission.
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(h) Vacancies on the commission due to death, resignation, removal, or other causes shall be filled in the same manner as is provided in this section for initial appointments.