Section 23-2-101 - Members generally(a)(1) The Arkansas Public Service Commission shall consist of three (3) members to be known as "commissioners", one (1) of whom shall be a lawyer.(2) Each commissioner shall have resided in the state for five (5) years and shall be a qualified elector.(b) Each commissioner before entering on his or her duties shall take the oath prescribed by the Arkansas Constitution, shall swear that he or she is not pecuniarily interested in any public utility or affiliate, or any public carrier or affiliate therewith, as employee, stockholder, or security holder.(c) Each commissioner shall execute a bond to the State of Arkansas in the sum of ten thousand dollars ($10,000), conditioned for the faithful discharge and performance of his or her duties.(d)(1) At the expiration of each of the commissioners' terms, the Governor, subject to the approval of the Senate, shall appoint one (1) member who shall hold office for a term of six (6) years.(2) Each commissioner shall hold office during the term for which he or she was appointed and until his or her successor is appointed and qualified.(e) The Governor shall designate one (1) of the commissioners as chair.Amended by Act 2013, No. 1144,§ 1, eff. 8/16/2013.Acts 1945, No. 40, § 1; A.S.A. 1947, §§ 73-101, 73-103, 73-104.