(a) The Commission for Arkansas Public School Academic Facilities and Transportation shall adopt and enforce regulations to govern the design and operation of all school buses used for the transportation of school children when the buses are owned and operated by a school district or privately owned and operated under contract with a school district in this state.
(b) Such regulations shall by reference be made a part of any contract with a school district.
(c) Every school district, its officers and employees, and every person employed under contract by a school district shall be subject to the regulations.
(d) Any officer or employee of any school district who violates any of the regulations or fails to include an obligation to comply with the regulations in any contract executed by him or her on behalf of a school district shall be guilty of misconduct and subject to removal from office or employment.
(e) Any person operating a school bus under contract with a school district who fails to comply with any such regulations shall be guilty of breach of contract, and the contract shall be cancelled after notice by the responsible officers of the school district.