There is hereby created a public facilities board pursuant to the provisions of A.C.A. § 14-137-101 et seq., the Public Facilities
Boards Act, as amended. The board shall be known as the residential housing facilities board (the "board"). The board shall
have the powers provided for by A.C.A. § 4-137-106. The quorum court may, at its sole discretion, and at any time, alter or
change the structure, organization, programs, or activities of the board, including the power to terminate the board; but
no such valid action shall be effective to alter or impair contracts entered into by the board prior to the effective date
of such action.
